AUD Futures — Candlestick

Info

What it isPrice · Volume · Open Interest

Strong upP↑ V↑ OI↑ → new longs; trend supported

Strong downP↓ V↑ OI↑ → new shorts; trend supported

Weak upP↑ V↓ OI↓ → mostly short-covering; rally weak

Weak downP↓ V↓ OI↓ → liquidation; selling may be tiring

NoteP↑ with OI↓ can warn of reversal (longs exiting)