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Bullish Shark Within Bullish Channel تعليم

Crude Palm Oil Futures (Sep 2022)MYX

الوصف

From this chart, can be found that Bullish Shark Within Bullish Channel.
This one of example for Bullish Retracement Patterns within Bullish Trend Channels shown in Harmonic Trading: Volume Two, Page 124 until Page 126 written by Scott M Carney.

Bullish Harmonic Pattern in Bullish Channel or Ascending Channel may indicate continuation pattern in Channel or rather as confirmation to show that price will go up.

To simplify, M pattern within Ascending Channel indicates that price will go up in continuation.

Noted that Shark is Harmonic Pattern that use Reciprocal AB=CD.

You may refer Link to Related Ideas for more information.
Thank you.
المزيد