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.