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InkyGrip
2021εΉ΄2月27ζ—₯εˆε‰8ζ™‚37εˆ†

SP500 on a rising wedge? πŸ¦Β γ‚·γƒ§γƒΌγƒˆ

US SPX 500OANDA

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SP500 after the incredible bull run closed the week in a downtrend.
The market creates on the daily chart a rising wedge.
According to Plancton's strategy, if the price will break below, we can set a nice short order.

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Follow the Shrimp 🦐

Keep in mind.

β€’ 🟣 Purple structure -> Monthly structure.
β€’ πŸ”΄ Red structure -> Weekly structure.
β€’ πŸ”΅ Blue structure -> Daily structure.
β€’ 🟑 Yellow structure -> 4h structure.
β€’ ⚫️ 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.

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The market is testing the support
γ‚³γƒ‘γƒ³γƒˆ
KristenDuberge
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thanks
InkyGrip
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@KristenDuberge, thanks mate πŸš€
darkmode
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Watching the same myself, curious to see how next week closes
InkyGrip
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@darkmode, yes, it will be also the start of the monthly candle so some tricky move can happen, stay tuned πŸ€™
TheSignalyst
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plancton keep shining brother!
InkyGrip
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@TheSignalyst, cool, appreciate it mate πŸ€™πŸš€
GreenCandleTrading-GCT
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Great chart mate! I think however we will have another and final ATH before a big fall..
InkyGrip
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@GreenCandleTrading-GCT, thanks for sharing your vision with us 🦐
isabellaalexandra
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Wedges in SPX usually do a lot of this, the ultimate target being the apex.
InkyGrip
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@isabellaalexandra, we will monitor further price action during the upcoming week, thanks for sharing mate 🦐
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