Oil has reached a monthly Sup area around 74.00-75.00 and it appears to be holding at present. Note the multiple inside bars on the Daily chart as well that has broken to the upside...
Ideally I would like to see a Buy signal on the Daily to go long.
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.