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

9 May 2016

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;

9 May 2016

Not

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

10 May 2016

Not

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.

10 May 2016

Not

150% extension (purple) :)

12 May 2016

Not

12 May 2016

Not

i'm a seller

13 May 2016

Not

the neck...

15 May 2016

Not

Fighting the 618 ;)

16 May 2016

Not

3 Haz 2016

Not