First, through bottom interval analysis
When the price of crude oil has not broken through the bottom or top of the previous period, crude oil investors must not draw the conclusion that the general trend or the small trend has changed prematurely.
Second, through the top interval analysis
When there are double tops or multiple tops again, but the price has not risen above the original top, even a bull market should not enter prematurely. Once the price rises above the original top, before it falls back, the price will often show obvious signs of rising, and it will be better if it enters the long state.
Third, in the narrow trading range of crude oil, if the futures price of crude oil lasts for several weeks or months, the crude oil price breaks through the original bottom or top, which means to a great extent that the general trend has changed. Moreover, the longer the crude oil price stays in this narrow range, the greater the change after breaking through this range.
The above is the method I introduced to you to predict the trend of crude oil prices. I hope it will help you, and I hope it will be adopted. Thank you.