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InkyGrip
May 19, 2021 6:55 AM

SP500 looking for a lower low? 🦐 Short

US SPX 500OANDA

Description

SP500 after the recent low retraced to the upside until the 0.618 Fibonacci level.
According to Plancton's strategy if the conditions will be satisfied we can set a nice short 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

moving lower
Comments
KABHI_FOREX_TRADING
Good sell ENtry
InkyGrip
@vishvam-fx, thanks mate 😃
SignalProvider
thanks for sharing
where is your target bro?
InkyGrip
@SignalProvider, join our channel mate 🦐
Stargazer_fx
thanks for the analysis
InkyGrip
@Stargazer_fx, you are welcome bro 🦐
poister198
Hmm would prefer to see that support has been reached, real good opportunity to enter longs here or have some put spreads, rest of week is going to go up. Just a period of fund rotation into value.
InkyGrip
@poister198, thanks for sharing your vision with us my friend, appreciate it 🦐
KlejdiCuni
Beautiful!
InkyGrip
@KlejdiCuni, thanks mate 😊
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