Crude Oil’s honest effort for a “V” turn (Oct. 31, 2022)

Crude Oil avoided marking a lower low during October. The condition for the market to confirm a V-shaped reversal is to trade above $93. Till then, shorts may feel comfortable as this daily stop is not hit.

Disclaimer> This post is informational only. This post is not a trading or investment advice! Financial markets are inherently risky. Manage your position size carefully and honor your risk decisions which you and only you are responsible for!