medium · Order Flow Analysis footprint-delta
A footprint bar in Crude Oil (CL) shows bid volume of 450 and ask volume of 430 at the 72.50 level across four consecutive bars. In the fifth bar, the ask volume at 72.50 surges to 610 against a bid of 280, and the bar closes at 72.60. This sequence represents:
- Supply exhaustion at a high
- Retail noise consolidation
- Breakout after absorption
- Trapped seller reversal
Sign up free to see the explanation and track your rank →
More Order Flow Analysis footprint-delta practice
- An E-mini S&P 500 footprint bar shows a price level at $4510… — Using a 300% threshold, wh
- If both bars have a volume of 5000 contracts, what does the 4-tick bar suggest?
- What is the primary advantage of using the range-based chart in this scenario?
- Why is it recommended to ignore the Δ of a bar that is pulling back to a long entry zone?
- A trader is looking for a short entry. They see a red candle… — What does this 'Wick-Body'
- A trader sees the price of Crude Oil (CL) drop to $72.50, wh… — How should this be interpr
- In the Euro FX ($6E), you see 944 contracts bought aggressiv… — What does this suggest abo
- A footprint bar's high shows bid volume at $4530.00 but zero ask volume at $4530.25. This