DOW on the 4h chart reached the recent low over a weekly support. The price is now turning for a retracement nd a test of the 0.5 Fibonacci level can be seen.
How can i approach this scenario?
The overall scenario remain bearish so i will wait for a test of the 0.5 or the 0.618 where i will wait a new possible sign of inversion for a short order –––– Follow the Shrimp 🦐
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.