USOIL for a retest of the support 🦐

USOIL after our last week's amazing profit started a string retracement move.

The market tested the upper trendline of a descending channel exactly at the 0.618 Fibonacci level

According to Plancton's strategy, if the price will break below the support structure, we will set a nice short 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.

Yorum:

the market is bouncing over the support, if it will break above it will invalidate the idea

Yorum:

waiting for the break below