USOIL can move to the previous highs 🦐

USOIL on the 4h chart is testing the strong resistance level at the 112 area.
The price after the recent low started a higher high higher low move with the last retracement over the 0.5 and the 0.382 Fibonacci level

How can i approach this scenario?

I will wait for a potential break of the structure and if that happens i will look for a nice buy order according to the Plancton's strategy rules.
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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.

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as epxcted

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an almost 6% trade on this one

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a retest of the previous resistance now turned support

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a 7% call

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the market is testing the recent highs

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almost 9% call

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retesting the previous high

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after this 8.5% run we are looking for an upside continuation

InkyGrip

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InkyGrip