USOIL on the 4h chart after the recent high is moving in a slow retracement to the monthly support. The market tested the 0.5 Fibonacci level and the main outlook remain bullish .
How can i approach this scenario?
IF the price will break above the resistance area i will look for a nice order according to the Plancton's strategy rules.
-ββ Follow the Shrimp π¦
Keep in mind. π£ Purple structure -> Monthly structure. π΄ Red structure -> Weekly structure. π΅ Blue structure -> Daily structure. π‘ Yellow structure -> 4h structure. β«οΈ 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.