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. -–– 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.