Dow Jones Industrial Average Index
Long
Updated

DOW an unstoppable bull? 🦐

285
DOW after the recent retracement is consolidating below a minor resistance.

The price retraced and perfectly tested the support structure at the 0.382 Fibonacci level.

According to Plancton's strategy if the price will break above we will set a nice long 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.
Note
snapshot the price is respecting the resistance
Note
snapshot perfect resistance rejection
Note
snapshot long consolidation phase

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