CRUDE OIL (WTI) Bullish Reaction is Highly Probable! Here is Why

snapshot

WTI reached strong daily structure support.
though I can not say that it is the major zone of demand,
the market is oversold after a massive selloff and pullback will be highly probable.

on hourly, the price formed a double bottom formation and successfully broke and closed above its minor resistance.

I will buy the market on retest aiming at 38.3 level

good luck
brentChart PatternsCrude Oil Futures WTI (CL1!)CommoditiesDouble Top or BottomforecastfuturesOilTrend AnalysisCrude Oil BrentCrude Oil WTIWTI

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