🔍 30-Min Timeframe | Volume Profile | Risk-Reward Analysis
🔹 Short Position Idea
🔻 Entry: $3,393.83
🔻 Stop Loss: $3,402.14 (above recent value area high)
🔻 Take Profit: $3,359.88 (prior HVN support area)
📉 R:R ≈ 3:1
🔸 Context:
Price rejected the upper volume node and failed to break the prior high.
Strong selling pressure followed by a pullback to a low-volume node.
VWAP and POC levels show imbalance favoring bearish continuation.
🔸 Confirmation:
Break and close below $3,389 with volume could confirm downside momentum.
📌 Watching for price to respect the value area and migrate toward the lower demand zone.
🔹 Short Position Idea
🔻 Entry: $3,393.83
🔻 Stop Loss: $3,402.14 (above recent value area high)
🔻 Take Profit: $3,359.88 (prior HVN support area)
📉 R:R ≈ 3:1
🔸 Context:
Price rejected the upper volume node and failed to break the prior high.
Strong selling pressure followed by a pullback to a low-volume node.
VWAP and POC levels show imbalance favoring bearish continuation.
🔸 Confirmation:
Break and close below $3,389 with volume could confirm downside momentum.
📌 Watching for price to respect the value area and migrate toward the lower demand zone.
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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.
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.