Oil Price Bounced From a War Low but 30% of Traders Already Left

Brent crude oil price trades near $94.92, trapped inside the handle of an inverted cup-and-handle pattern. The pattern measured a 28.8% decline from its March peak. The recent bounce looks constructive on the surface. Yet three signals beneath the price chart suggest the rally is running on fumes. Volume is declining, open interest is collapsing,