You can see strong side way price action after trend up... There was a volume accumulation area from which strong buying activity started. For that reason I think that the volumes accumulated in this area were volumes of strong buyers. I waited for pullback to this area. When market go back to this area strong buyers will be defend their positions. I think EURUSD 0.15% is ready for correction higher. Because we are in the strongest Volume accumulation of THE LAST YEAR!! This is second reason why i want search long position too.
📗 Volume Profile & Order Flow books (FREE download)
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orderflow.com
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volumeprofile.com
orderflow.com
📺 Free Volume Profile Webinar
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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.