BOREARIS

Dow Jones 30 Bullish Shark 1 hour

Dow Jones 30 1 hourConfirmed Oct 14, 15:00 UTC+8
XABCDConfirmedClosedTarget 52,096.3Target 1 51,963.7Confirm 51,831.051,654.0Invalid 51,405.1━ MA20 + Bollinger Bands ━ MA50 1 hour70503042.88━ RSI ━ 9MA0-43.21━ MACD ━ MACD Signal10/12 06:0010/12 18:0010/13 07:0010/13 19:0010/14 08:0010/14 20:00
XABCDConfirmedClosedTarget52,096.3Target1 51,963.7Confirm51,831.051,654.0Invalid51,405.1━ MA20 ━ MA5070503042.88━ RSI ━ 9MA0-43.21━ MACD ━ MACD Signal12 23:0013 19:0014 14:00

Gold line = the pattern's swing points; gold box = the confirmation candle; coloured lines = target and invalidation; blue = confirmation price.

Bullish Shark: First target, then break-even

Target52,096.3
First target51,963.7
Confirmation51,831.0
Invalid at51,405.1
Move+0.12%

Timeframe1 hour
ConfirmedOct 14, 15:00
ClosedOct 14, 20:00
Duration6.0 h
Reward / risk0.62

What this tells you

C overshoots the prior swing and D returns to 0.886-1.13 of the 0X leg, often a reversal after a sharp move.

Check it on the live chart

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Swing points

PointTime UTC+8Price
XOct 12, 20:0051,690.0
AOct 13, 17:0052,343.0
BOct 13, 19:0051,896.0
COct 13, 20:0052,392.0
DOct 14, 01:0051,618.0
ConfirmationOct 14, 15:0051,831.0

Recently closed Bullish Shark patterns: 5 in total, 2 reached the target first (40%), 3 were invalidated and 0 expired (small sample). Results by pattern →

Chart patterns are technical reference points, not trade recommendations. Past results do not guarantee future outcomes; trading involves risk.

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