Trading Class

Markets › Crude oil › Volume profile bounce

Commodities · indicator signal

Volume profile bounce on Crude oil

On Crude oil the volume profile bounce showed up 124 times. The target came first 40% of the time, the stop 52%, and 7% went nowhere within 12 candles.

Counted on Crude oil futures: daily candles from January 2015 and hourly candles from September 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily5538%56%5%
Hourly6942%49%9%

Crude oil against the rest

ChartsFoundTarget firstStop firstWent nowhere
Crude oil12440%52%7%
All Commodities charts49339%57%5%
Every market61,33036%58%6%

Year by year

YearFoundTarget firstStop first
2016757%29%
20171050%50%
2018425%75%
2019633%50%
2020425%50%
2021560%40%
2022425%75%
2023425%75%
20243941%46%
20253941%56%

The last 8 times

Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.

What the volume profile bounce is

Price fell back to the price where the most trading happened, and bounced.

Imagine a market stall where most shoppers agreed on a fair price all week. When the price drops back to that fair price, shoppers who know it is a good deal rush in, and the price climbs again. The point of control is the price where the most trading happened, and a volume profile bounce is when price falls back to or near it and bounces up.

The full volume profile bounce lesson, video and quiz ›

Other patterns on Crude oil

Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · MACD bearish cross · Doji · MACD bullish cross · EMA 9/21 bearish cross · EMA 9/21 bullish cross · Volume profile rejection · all of them

The volume profile bounce elsewhere

Gold · Silver · Copper · Natural gas · Dow Jones · S&P 500 · Sony · Ethereum · Bitcoin

Questions

How often does the volume profile bounce work on Crude oil?

In 124 cases on Crude oil, the target (1.5 × ATR) came before the stop (1 × ATR) 40% of the time and the stop came first 52%; 7% went nowhere within 12 candles.

What is the volume profile bounce?

Price fell back to the price where the most trading happened, and bounced.