USOIL after the recent high started a retracement move until the weekly support at the 59 area over the 0.618 Fibonacci level. The market attempts to break below a few times and consolidate before starting a new impulse. According to Plancton's strategy if the price will break above and the conditions will be satisfied 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.