SPX500 dropping below 4k? ๐ฆ
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SPX500USD on the 4h chart is trading above a support area .
The price after a recent test of the 0.5 Fibonacci area seems to have the strength to close the trading week below the 4000 zone.
How can i approach this scenario?
I will wait for a potential break of the support structure and in that case, i will search for a nice short order according to Plancton's strategy rules.
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Follow the Shrimp ๐ฆ
Keep in mind.
โข ๐ฃ Purple structure -> Monthly structure.
โข ๐ด Red structure -> Weekly structure.
โข ๐ต Blue structure -> Daily structure.
โข ๐ก Yellow structure -> 4h structure.
โข โซ๏ธ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
The price after a recent test of the 0.5 Fibonacci area seems to have the strength to close the trading week below the 4000 zone.
How can i approach this scenario?
I will wait for a potential break of the support structure and in that case, i will search for a nice short order according to Plancton's strategy rules.
โโโโ
Follow the Shrimp ๐ฆ
Keep in mind.
โข ๐ฃ Purple structure -> Monthly structure.
โข ๐ด Red structure -> Weekly structure.
โข ๐ต Blue structure -> Daily structure.
โข ๐ก Yellow structure -> 4h structure.
โข โซ๏ธ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
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a 4.5% profit since my call ืืขืจื
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