$CL The oil price has clearly rebounded from the 89 support, but for now we can only conclude that the support is working, not that a reversal has occurred.
A reversal requires both conditions to be met at the same time: the higher and lower points rising, and the price regaining level 95.
Long positions will face a decision in the 94–95 range.
A reversal requires both conditions to be met at the same time: the higher and lower points rising, and the price regaining level 95.
Long positions will face a decision in the 94–95 range.
