SPX500USD on the 4h chart has tested an important confluence zone.
The market got rejected and is now giving the opportunity of a bearish price action.
How can i approach this scenario?
I will wait for the US market open and if the market will break below i will set a nice short order according to the Plancton's strategy rules.
โโโโ
Follow the Shrimp ๐ฆ
Keep in mind.
โข ๐ฃ Purple structure -> Monthly structure.
โข ๐ด Red structure -> Weekly structure.
โข ๐ต Blue structure -> Daily structure.
โข ๐ก Yellow structure -> 4h structure.
โข โซ๏ธ 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.
The market got rejected and is now giving the opportunity of a bearish price action.
How can i approach this scenario?
I will wait for the US market open and if the market will break below i will set a nice short order according to the Plancton's strategy rules.
โโโโ
Follow the Shrimp ๐ฆ
Keep in mind.
โข ๐ฃ Purple structure -> Monthly structure.
โข ๐ด Red structure -> Weekly structure.
โข ๐ต Blue structure -> Daily structure.
โข ๐ก Yellow structure -> 4h structure.
โข โซ๏ธ 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.
์ฝ๋ฉํธ:
breaking below as expected
์ฝ๋ฉํธ:
perfect 2% short call at the perfect reversal point
์ฝ๋ฉํธ:
2.8% profit call here
์ฝ๋ฉํธ:
3.5% call
์ฝ๋ฉํธ:
testing the resistance level
์ฝ๋ฉํธ:
a bearish continuation can be expected after the US open
์ฝ๋ฉํธ:
a 6% call here for our strategy!
์ฝ๋ฉํธ:
looking for a retest of the 0.381
์ฝ๋ฉํธ:
we got an almost 7% here