Crude Oil on the way to the resistance cluster (Nov. 3, 2022)

From a chart perspective, the bear is not over for Crude Oil yet. Crude needs to exceed an area full of resistance, first to break a limiting downtrend line and then to mark a higher high on the daily (rectangle area).

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!