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Technical analysis

Shark pattern

5-point harmonic with extreme BC extension and CD = 0.886-1.13 of XC. Newer harmonic (2011). High reliability per Carney.

What it means

The Shark pattern (Scott Carney, 2011) is a newer harmonic with BC extending 1.13-1.618 beyond B and CD = 0.886-1.13 of XC. The pattern often appears in choppier market regimes where traditional harmonics struggle. Less established than Gartley/Bat but reported by Carney to have ~70% reaction rate at D.

Why it matters

Shark patterns add coverage to harmonic analysis in market regimes where classical harmonics are less reliable. The unique ratio structure makes Shark setups complementary to traditional pattern scanning.

How to use it

Identify via harmonic scanner. Confirm BC extension and CD ratio. Enter at D in direction of XA reversal. Stop beyond D. Target Fibonacci retracements of CD.

Take it further

Want a worked example or a deeper dive? Ask Rocky how this concept applies to your specific watchlist or trade idea.

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