CFDs on WTI Crude Oil
Long
Updated

USOIL on a hot level 🦐

262
USOIL on the 4h chart bounced over a monthly support.
The market after the test of the 86 level is now trading below a minor resistance.

How can i approach this scenario?

I will wait for the EU market open and if the market will break above i will set a nice long 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.
Note
snapshot the market moved as expected
Note
snapshot retest of the support
Note
snapshot looking for a higher high

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