VPA 101 – wow….hard to miss this buying signal on the WTI oil chart!

There are some volume trading signals which are just hard to miss and this is one of them on the 5m chart for oil. The price waterfall builds momentum and then BANG – stopping volume as the big operators step in to buy followed by further buying before the reversal begins. The primary trend lower has been reversed into the primary trend higher by the buying which was as clear as day!

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