USOIL on a short term retracement ðĶ
TVC:USOIL
āļŠāļąāļāļāļēāļāļēāļĢāļāļ·āđāļāļāļēāļĒāļŠāđāļ§āļāļāđāļēāļāļāđāļģāļĄāļąāļāļāļīāļ WTI
USOIL on the 4h chart is creating a series of lower low lower high with the market that was unable to violate the previous lower high.
Now the price is testing an important liquidity zone and a bounce to the upside could be seen.
How can i approach this scenario?
If the price will break above the last minor swing we can set a short term long order according to the Plancton 's strategy rules.
-ââ
Follow the Shrimp ðĶ
Keep in mind.
ðĢ Purple structure -> Monthly structure.
ðī Red structure -> Weekly structure.
ðĩ Blue structure -> Daily structure.
ðĄ Yellow structure -> 4h structure.
âŦïļ 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.
Now the price is testing an important liquidity zone and a bounce to the upside could be seen.
How can i approach this scenario?
If the price will break above the last minor swing we can set a short term long order according to the Plancton 's strategy rules.
-ââ
Follow the Shrimp ðĶ
Keep in mind.
ðĢ Purple structure -> Monthly structure.
ðī Red structure -> Weekly structure.
ðĩ Blue structure -> Daily structure.
ðĄ Yellow structure -> 4h structure.
âŦïļ 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.
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
a bounce over the support as epxcted
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
as expected
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
retest of the support and moving higher as predicted
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
just a perfect analysis
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
a 10% call
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
a 14% profit
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
15% call
moving to the resistance area
15% call
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
20% call since my original idea
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
retracement after the top
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
possible bullish continuation