Trading_Jazz
Short

(Daily) Coffee for a Shark @ Confluence or @ Previous Structure

ICEUSA:KC1!   Coffee
ICEUSA:KC1!            

Confluence between the 618 retracement and the 161% extension, let's see if the big bears start to bid lower once the price gets there. (IF)

There's also the previous structure at 224%, above the 78.6% retracement , let's call it a "cluster zone between fibs", and it will "validate" the "extended" Shark at 224% (check price action             and structure at both levels, the 161% and the 224%).

The Shark Pattern // Engagement Rules // Educational ®

Safe Trades;
Comment: Adjusted fibs and targets:
1st target reached:
snapshot
Comment:
snapshot
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