USOIL on the weekly chart couldn't break the descending trendline and the daily resistance around 41.30.
On the daily chart, the price is moving inside an uptranding channel.
If the price during next week will break below the 39 area, we can expect a new test of the 37 level.
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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.