Crude oil slow growth

By Biznes-Broker | Analysis of the financial markets | 14 Sep 2021

Crude Oil

The rebound from three weeks ago continues with slight adjustments. Currently, we see on the chart that the volume of trading is decreasing and the rate continues to go up, so before any correction, we will have a signal indicating increased trading. When the volume drops to very low levels and there is a breakout focused on the other side of the transaction, we will have almost certainty that it is time to enter short positions, until then we normally remain in an uptrend.

The second option is to correct for the increased volume and rebound for the smaller one which will indicate that sellers are taking the lead in the market.

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Biznes-Broker

Trader, cryptocurrency and forex market analyst. Editor of investor magazines: EN: http://biznes-broker.com/ PL: http://pvq.pl/ By giving me a tip you donate it to charity. All collected funds will help children and animals in need.

Analysis of the financial markets

Subjective view of the financial market. Mainly Forex, Indexes and Commodities. Analyzes based on technical analyzes. All analyzes are my view of the market. It is not recommended to make trading decisions based on the information provided. You can check my work here: EN: http://biznes-broker.com/ PL: http://pvq.pl/

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