USOIL Weekly, Daily, 4h analysis ðŸĶ

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USOIL on the weekly chart tried to break below the weekly support at the 36 area and got pushed back.
The price closed with a wick near the descending trendline.
On the daily chart the market on the enthusiasm of the vaccine attempt to break above the daily resistance at 41.40 and close the last daily candle exactly at the 0.5 fib level.
ON the 4 chart the price broke below and retested the 4h structure at 40.80 and now look for the test of the 0.l618.
If the market will bounce on the 0.618 and give us signs of inversion we will set a nice long order according to Plancon's strategy.
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Follow the Shrimp ðŸĶ

Keep in mind.
ðŸŸĢ Purple structure -> Monthly structure.
ðŸ”ī Red structure -> Weekly structure.
ðŸ”ĩ Blue structure -> Daily structure.
ðŸŸĄ Yellow structure -> 4h structure.
âšŦïļ 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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āļŠāđāļ™āļ›āļŠāļ­āļ• nice bullish impulse
240minDaily ChartsOilTrend AnalysisCrude Oil WTIWeekly Chartsweeklysupport

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