USOIL on the 4h chart bounced over a daily support. The market after ta false breakout retest the 0.786 Fibonacci level and now is moving below a minor resistance.
How can i approach this scenario?
I will wait for the EU market open and if the market will break above i will set a nice long order according to the Plancton's strategy rules. -–– 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.