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.
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.
Bình luận:
a move in our favor of 1.25%
Bình luận:
2.8% on this call
Bình luận:
3.3% delivered on this free idea
Bình luận:
Possible higher high
Bình luận:
a new test of the previous high
Bình luận:
possible test of the weekly resistance
Bình luận:
test of the resistance as expected
