USOIL on the monthly chart is still below the strong monthly resistance.
On the weekly chart we can see that market is in a consolidation phase and we can expect the price to reach the 45 area.
As in the drawings some retracements in in the range between 38 and 42 can happen before the break above the monthly structure.
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Follow the Shrimp 🦐
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 Plancton0618 strategy will trigger.
On the weekly chart we can see that market is in a consolidation phase and we can expect the price to reach the 45 area.
As in the drawings some retracements in in the range between 38 and 42 can happen before the break above the monthly structure.
–––––
Follow the Shrimp 🦐
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 Plancton0618 strategy will trigger.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.