USDWTI LONG on Order Flow - Follow the smart money!
Strong Bullish Signal:
The pair showed a sharp growth and is testing the level of resistance now. The move was on the large volume +huge positive deltas, so that we may assume that the smart money pushed the price up. It increases the possibility of the further surge.
Volume Zones:
We need to allocated an important level of resistance 54.45.
Consider Long Positions:
Given all these factors, we may regard a scenario of the breakout of the resistance, which will be a great bullish signal. The growth must be sharp and supported by the large volume, which will be a more reliable signal for entering the market. A stop loss may be placed below the breakout volume bar.
Profit Potential:
More than 150 pips.
To learn more about order flow based volume trading, sentiment analysis and trading against the retail crowd see the educational article below -
The pair showed a sharp growth and is testing the level of resistance now. The move was on the large volume +huge positive deltas, so that we may assume that the smart money pushed the price up. It increases the possibility of the further surge.
Volume Zones:
We need to allocated an important level of resistance 54.45.
Consider Long Positions:
Given all these factors, we may regard a scenario of the breakout of the resistance, which will be a great bullish signal. The growth must be sharp and supported by the large volume, which will be a more reliable signal for entering the market. A stop loss may be placed below the breakout volume bar.
Profit Potential:
More than 150 pips.
To learn more about order flow based volume trading, sentiment analysis and trading against the retail crowd see the educational article below -
