SP500 on a H&S pattern 🦐

SP500 reached the historical highs and currently is consolidating above a minor support.
The price seems to lose strength and create a h&s pattern over the 3900 area.
IF the market will break below, according to Plancton's strategy, we can set a nice short order.
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Follow the Shrimp 🦐

Keep in mind.

• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ 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.

Yorum:

a break below as expected

Yorum:

bearish move, as expected

Yorum:

possible bull flag formation