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InkyGrip
Jan 25, 2021 6:21 AM

Dow on a range trading 🦐 Long

Wall Street CFDFOREX.com

Description

DOW on the 4h chart is moving inside 2 structures between the 31200 and the 30800 area.
The market after testing the upper one retraced at the 0.618 Fibonacci level
If the conditions of Plancton's strategy will be satisfied we can set a nice long order.

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Follow the Shrimp 🦐

Keep in mind.

• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ 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.

Comment

The market bounces over the support and currently breaking the descending channel
Comments
Mariobarretto
Wonderful chart
InkyGrip
@Mariobarretto, many thanks my friend 🦐😁
TheSignalyst
You are amazing 😁
InkyGrip
@TheSignalyst, cheers brother
abel11
You’ve earned my respect.
InkyGrip
@abel11, thanks a lot, truly appreciate it mate
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