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.
--ââ
Follow the Shrimp đŠ
Keep in mind.
đŁ Purple structure -> Monthly structure.
đŽ Red structure -> Weekly structure.
đ” Blue structure -> Daily structure.
đĄ Yellow structure -> 4h structure.
â«ïž 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.
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.
--ââ
Follow the Shrimp đŠ
Keep in mind.
đŁ Purple structure -> Monthly structure.
đŽ Red structure -> Weekly structure.
đ” Blue structure -> Daily structure.
đĄ Yellow structure -> 4h structure.
â«ïž 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.
Kommentera:
The price perfectly followed our analysis
Kommentera:
a slight retracement after the run
Kommentera:
retracement to the support level
Kommentera:
the market bounces over the support
Kommentera:
testing a resitance
Kommentera:
bull rejection by the trendline