Short

NZDJPY - Failure Shark Pattern

This looks like a regular shark pattern and it is a valid bearish shark pattern, but I'm seeing this harmonic patterns has a 90% chance of failure, meaning to say it is most likely to have a bull run than a bear run.

I've been trading harmonic patterns for 10years and on my personal observation when certain setup matches others, it will give a sign of the pattern succeed or fail.

While lots of traders love to show what happen when they hit profit, I love to share my thought process before the trade happen.

RaynLim

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RaynLim

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