Last friday's strong movement of WTI end on a candle that offsset the previous six days price fall and created a support in 46,20. shows a divergence which increases the probability of change to an upward trend. A the same time, fibonacci retracements show an important resistance in the level of 56,52.
Fundamentals on demand and offer of crude oil haven´t changed recently but could in the medium term, so the trend change would last for several months, but for now it´s better to play safe only with the rebound:
Let's buy from 46,40 to 49,50 and keep long until 55,80. Stop loss in 45,80.