Yesterday was nice move up...
When i use Volume profile on this move up.. There is two significant volume cluster..
First one is from accumulation buying activity for long trade. ( I marked this zone number 1 )
Second one is near to high of the market... There is nice to see what i call " Rejection of higher prices" ( i marked number 2 )
Strong sellers rejected so fast this high price and left in this zone many contracts for short.... I hope so that when the price go back, this strong sellers will
be defend their selling positons..
Happy trading
Dale
When i use Volume profile on this move up.. There is two significant volume cluster..
First one is from accumulation buying activity for long trade. ( I marked this zone number 1 )
Second one is near to high of the market... There is nice to see what i call " Rejection of higher prices" ( i marked number 2 )
Strong sellers rejected so fast this high price and left in this zone many contracts for short.... I hope so that when the price go back, this strong sellers will
be defend their selling positons..
Happy trading
Dale
Order cancelled
Short trade = profit...Long trade = sonner reaction.. for sure pls cancel this level
📗 Volume Profile & Order Flow books (FREE download)
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orderflow.com
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trader-dale.com/webinar-how-to-trade-with-volume-profile-in-2022
💬 Have questions?
contact@trader-dale.com
volumeprofile.com
orderflow.com
📺 Free Volume Profile Webinar
trader-dale.com/webinar-how-to-trade-with-volume-profile-in-2022
💬 Have questions?
contact@trader-dale.com
Related publications
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📗 Volume Profile & Order Flow books (FREE download)
volumeprofile.com
orderflow.com
📺 Free Volume Profile Webinar
trader-dale.com/webinar-how-to-trade-with-volume-profile-in-2022
💬 Have questions?
contact@trader-dale.com
volumeprofile.com
orderflow.com
📺 Free Volume Profile Webinar
trader-dale.com/webinar-how-to-trade-with-volume-profile-in-2022
💬 Have questions?
contact@trader-dale.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.