US OIL on the monthly chart is inside a huge discending channel.
Price has apprach the monthly resistance and currently struggling to break above.
The market has been consolidating on the weekly chart for almost 5/6 weeks before a slight move up.
We can expect, during next weeks, a break above the monthly resistance and to see the price rise till the upper trendline of the monthly channel.
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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.
Price has apprach the monthly resistance and currently struggling to break above.
The market has been consolidating on the weekly chart for almost 5/6 weeks before a slight move up.
We can expect, during next weeks, a break above the monthly resistance and to see the price rise till the upper trendline of the monthly channel.
–––––
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.