$CL1! / #OIL | 4H Trade Setup Update ● Current Status: CL1 is below the Value Area Low

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

● Current Status: CL1 is below the Value Area Low (VAL) and is attempting to break above the 21-period moving average.

● Technical Indicators: Bullish Divergence: Rising momentum and money flow. Stochastic RSI. Low, indicating potential for upward movement.

● Outlook: Traders should monitor for sustained movement above the 21-period moving average. The bullish divergence and rising momentum and money flow, along with the low stochastic RSI, suggest a favorable outlook for a potential uptrend in CL1.