USOIL on the 4h chart after the recent low started an impulse to the upside.
The market after the retest of the daily resistance (blue) retraced perfectly at the 50% level.
The price is now back at the structure below the 81 level and a bullish continuation can be expected.
How can i approach this scenario?
According to Plancton's strategy IF the market 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.
The market after the retest of the daily resistance (blue) retraced perfectly at the 50% level.
The price is now back at the structure below the 81 level and a bullish continuation can be expected.
How can i approach this scenario?
According to Plancton's strategy IF the market will break above we will set a nice long order.
-––
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.
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