Oil – Daily Analysis

Oil rallied for the second day in a row. Is this the beginning of a new trend, or just a powerful bounce within a larger bearish structure? Today’s report focuses on the technical structure behind the move — the newest candle signals, the strength or weakness beneath the bounce, and the paths that could define oil’s next decisive move. The key question is whether oil is preparing to confirm a local bottom, resume the mid-term breakdown after a temporary pause, or trigger a larger-frame signal that could change the entire roadmap into the end of July. CANDLES Today, WTI and Brent made strong bullish moves and reclaimed the 200 DMA. If this momentum holds over the next two days, oil could produce a strong bullish signal on the weekly frame. However, I remain somewhat cautious about the 3D frame. Oil could form a Three Line Strike combination there, which is…