WTI- 52 is the line in the sand

In the past month and a half, WTI lost 16usd of its value( more than 25%) dropping from 66 to 50 area. At this point, WTI found support and formed a double bottom with the neckline just around 52. After a break of the neckline and a rise to 54, oil dropped again and is trading now just in support (previous neckline resistance).
A reversal from this point would confirm that oil has more to rising and opens the door for 57 resistance.
Alternatively, a daily close under 52 would signal that the correction is over and the downtrend has resumed.