SP500 a short term uptrend 🦐

SP500 on the 4h chart after the test of the weekly support at the 3840 structure started a series of higher highs higher lows move.
The price that already tested a few times the 4000 level has retraced over a previous support area exactly at the 50% retracement and is now looking for a potential break .

How can i approach this scenario?

I will wait for the EU market session and monitor the price action for a possible break that will possibly happen in the US session and i will look for a nice long order according to the Plancton's strategy rules.

코멘트:

a move in our favor of 1.25%

코멘트:

2.8% on this call

코멘트:

3.3% delivered on this free idea

코멘트:

Possible higher high

코멘트:

a new test of the previous high

코멘트:

possible test of the weekly resistance

코멘트:

test of the resistance as expected