A well defined risk...
Here's the Crude Oil (WTI) daily chart. As you can see, since mid January 2019, whenever the price falls off to the $50.50-$51.50 area (orange), there is overwhelming demand around that level to push the price higher. On Thursday, the price approached that level again, bounced, and closed the day near where it opened. This created a bullish pin bar, also known as "hammer" for the japanese candlesticks aficionados. The next day (Friday) was a bullish (green, up) day, eventhoug