Today i want explain to you what is Open drive. The Open drive strategy is based on a sudden and strong one sided price movement. It is very important that the move is onesided. This means that price was driven aggressively and steadily in one direction!!
If Open drive is initiated by aggressive sellers, then trhe price shoots downwards, and the place where the strong selling candle opened is strong resistance. In chart you can see RESISTANCE 1 a RESISTANCE 2 based on open drive strategy confirmed with VOLUME!! Killer combination how be successful in trading...
If Open drive is initiated by aggressive sellers, then trhe price shoots downwards, and the place where the strong selling candle opened is strong resistance. In chart you can see RESISTANCE 1 a RESISTANCE 2 based on open drive strategy confirmed with VOLUME!! Killer combination how be successful in trading...
Trade active
Resistance 2 is active
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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.