strength seen on weekly time frame with good momentum
this bar also happens to be
1)200MA
2) trendline support
3) spring near local support
4)break of downtrend trendline on daily time frame
5) if you believe crude prices will shoot up,this should be a good entry
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.