$CL1! / #OIL | 4H Commodity Trade Setup Update ● Current Status: CL1 is experiencing support

$CL1! / #OIL | 4H Commodity Trade Setup Update

● Current Status: CL1 is experiencing support and rebounding from the point of control (POC) within the range, despite bearish crossover of moving averages.

● Technical Indicators: The potential upward movement is supported by rising momentum, money flow, and VWAP.

● Outlook: Traders should remain cautious and monitor for signs of sustained upward momentum to confirm the potential uptrend, considering the supportive technical indicators despite the bearish moving averages crossover.