US OIL will break the monthly resistance? 🦐
US OIL on the monthly chart has approached a very important level of a clear resistance zone.
On the weekly chart we can see that the market has been in a consolidation phase for the last few weeks.
What we could expect is to see the price retrace between the resistance zone and ema 21 before a break or possibly a clear break of the structure retest of it and continue the uptrend move.
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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 the market has been in a consolidation phase for the last few weeks.
What we could expect is to see the price retrace between the resistance zone and ema 21 before a break or possibly a clear break of the structure retest of it and continue the uptrend move.
––––
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.