SP500 on the 4h chart reached as expected the weekly support. The price started a choppy move and create a dirty double bottom that could lead to a retracement move to the upside.
How can we approach this scenario?
If the price will break the descending trendline and move over the resistance stricture we will set a nice long according to the Plancton Academy rules.
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.
Keep the good work man Thanks for sharing your chart ...
InkyGrip
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@Helical_Trades, thanks so much for your positive comment, the price close the 4h candle exactly in the range, we will see whats the opening of next week will bring 🦐
HayeTrading
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Agreed, taking the opportunity to buy the dip. Nice post 👍