CFDs on WTI Crude Oil
Long
Updated

OIL bounce over the 0.382 🦐

683
OIL after the recent highs retraced over the 0.382 Fibonacci level.
The price moved inside a bull flag and created a second bottom over the support area.
According to Plancton's strategy if the market will break above we can 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.
Note
snapshot The price perfectly followed our analysis
Note
snapshot a slight retracement after the run
Note
snapshot retracement to the support level
Note
snapshot the market bounces over the support
Note
snapshot testing a resitance
Note
snapshot bull rejection by the trendline

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