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Crude Oil

A picture says more than a thousand words, so it’s worth seeing and translating it into your graph. We have the first signal of the oRGR formation. The ideal scenario will be a correction to the marked level and a rebound. Ideally, there will be a mole with a smaller volume and a rebound at higher volumes. In this way, all the characteristics for a trend change will follow each other. The first will be what I wrote about in the last analysis, i.e. breaking lows on a large volume. The oRGR formation was formed. And we are waiting for your confirmation. The only thing that gives a wrong signal is the declining volume throughout the growth. Each volume peak is lower, so the volume is falling, which gives a warning signal.

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