The CL daily time frame is in an up channel. The market is near the bottom of the channel. If support holds. It is expected the market to push bullish towards the top of the channel price point 123.77 about +1,465 ticks above the market.
It will be a good idea to turn to the one hour time frame and to look for low prices in the buy zone.
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.