(2h) First Things First - The Neck // IF=THEN

EURJPY

Short the Shark, buy the 2618, target an AB=CD.

Test the neck ;)

Double bottom to validate on neck breakout, Shark at 161%<>224% extension BC & the 2618 setup at .618%, the second target for the shark. (Adjustable once it gets completed, IF)

Safe Trades;

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Close above the neck. 141% extension is next the layer ;)

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Correction: The 161% extension was set with "magnet mode" and it was not correct.

Update:
Broken Neck, double bottom validated. An extension of previous impulse already on chart, the 150% extension (at red) is my target. Cluster zone established.

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150% extension (purple) :)

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i'm a seller

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the neck...

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Fighting the 618 ;)

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