Crude Oil Volume Analysis

By Biznes-Broker | Analysis of the financial markets | 8 Jun 2021

Crude Oil

Petroleum is behaving similarly to previous situations, just look at our previous analyzes. We are currently in a situation where the trading volume is decreasing in proportion to the price increase. So we can expect a correction. The place marked with the line is lower than the support that should be taken into account in the first place. On the H4 interval, we can see that the first stop is already in the dollar for the difference in the price of the stock. In the absence of a reflection signal, the stronger level will be the place shown in the picture H1.

Business and Finance crude oil

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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/