SP500 a short term outlook ðĶ
āļāļĩāđāļāļąāļāđāļāļ:
SP500 on the 4h chart after the last bearish leg has tested the 0.5 Fibonacci level at the daily resistance.
The market is now trading over a support area at the 3800 zone.
How can i approach this scenario?
I will wait for a potential break of the structure and in that case i will look for a nice short order according with the Plancton's strategy rules.
ââââ
Follow the Shrimp ðĶ
Keep in mind.
âĒ ðĢ Purple structure -> Monthly structure.
âĒ ðī Red structure -> Weekly structure.
âĒ ðĩ Blue structure -> Daily structure.
âĒ ðĄ Yellow structure -> 4h structure.
âĒ âŦïļ 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 market is now trading over a support area at the 3800 zone.
How can i approach this scenario?
I will wait for a potential break of the structure and in that case i will look for a nice short order according with the Plancton's strategy rules.
ââââ
Follow the Shrimp ðĶ
Keep in mind.
âĒ ðĢ Purple structure -> Monthly structure.
âĒ ðī Red structure -> Weekly structure.
âĒ ðĩ Blue structure -> Daily structure.
âĒ ðĄ Yellow structure -> 4h structure.
âĒ âŦïļ 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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