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Brent, WTI
Yesterday’s oil volume analysis suggested a scenario that came true. There was a drop in the price on the increased volume, which indicated the appearance of the other party to the transaction, in this case probably investors who bought all the contracts. Now we are waiting for exactly what I showed in the picture. If the price and turnover behave as shown in the image, we can enter into a transaction with high probability.
The chart shows number 1. For us, this is a signal. Price increase with increased transaction volume. Then the number 2 is the place of our entry into the transaction. The correction marked with the number 2 should be with a decreasing volume.
