VasilyTrader

WTI OIL Volume Analysis

Kort
FX:USOIL   CFDs på råolja (WTI)

hey traders,

wti is still in a clear uptrend.
and now the market is approaching multiple structure resistance levels looking left.

Take a look at volumes,
though on 11th of April we had a very calm trading day,
we see a selling volume spike.
Smart money started to sell and assets are changing hands.
Despite the fact that the market has made a new higher high,
we see one more selling volume spike.

Volumes do not confirm the uptrend anymore.
It is a warning sign for us.

Now, let's wait for a bearish breakout of a rising channel.
it is a very good confirmation signal.
60 and 58 are support levels for your targets.

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.