USOIL on a monthly structure 🦐

2020年11月26日

USOIL after our analysis last week reaches the 46 level over a monthly resistance.
The market created a very nice bullish impulse until the top trendline of the ascending channel.
After such an impulse we expect a retracement move.
If the market will break below the minor support area we can look for a test of the 0.382 or 0.5 and then wait for a new sign of reversal.

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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.
Leave a comment that is helpful or encouraging. Let's master the markets together.

2020年11月26日

注释

as expected

2020年11月30日

注释

price bounces over the support structure

2020年12月2日

注释

as expected