plancton0618

SPX500 dropping below 4k? 🦐

Short
OANDA:SPX500USD   S&P 500 Index
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 🦐

Keep in mind.

β€’ 🟣 Purple structure -> Monthly structure.
β€’ πŸ”΄ Red structure -> Weekly structure.
β€’ πŸ”΅ Blue structure -> Daily structure.
β€’ 🟑 Yellow structure -> 4h structure.
β€’ ⚫️ 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: moving to the support area as expected
Comment: a 4.5% profit since my call
Comment: the market has tested once again our strong trendline
Comment: 7% call
Comment: a break of support can prived a bearish continuation

🦐 FOLLOW THE SHRIMP🦐

🎯 Forex Telegram: https://www.plancton0618.com/telegram/forex

πŸš€ Crypto Telegram: https://www.plancton0618.com/telegram/crypto

πŸ“š Plancton's Academy: https://t.me/plancton0618Admin

πŸŽ₯ YouTube: https://www.youtube.com/
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