USOIL on a retracement move 🦐

USOIL on the 4h chart after the recent high is moving in a slow retracement to the monthly support.
The market tested the 0.5 Fibonacci level and the main outlook remain bullish .

How can i approach this scenario?

IF the price will break above the resistance area i will look for a nice order according to the Plancton's strategy rules.

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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.

Komen:

test of the 0.618

Komen:

still testing the 0.618