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.
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.
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moving to the support area as expected
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a 4.5% profit since my call
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the market has tested once again our strong trendline
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7% call
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a break of support can prived a bearish continuation
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