Blog – Page 8 – Ninja-Addons

4 years ago
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The Shark Pattern

Introduction Among harmonic patterns, the Shark pattern is a 5–point reversal structure that Scott Carney discovered in 2011. It is a combination of Fibonacci numbers and the Elliott Wave theory. It is a five–point pattern formation. It is a 5–point reversal structure that Scott Carney discovered in 2011. Essentially, the Shark consists of an impulse …

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4 years ago
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Five O (or 5-0) Pattern

Introduction The 5–0 pattern, though comparatively new, is emerging to be more popular. It was discovered by Scot Carney and is a distinct 5–point reversal structure. The pattern has 4 legs and specific Fibonacci measurements of each point within its structure, which omits the room for flexible interpretation. Essentially, it helps stock traders take advantage of key …