Range-VAH (Value Area High) and Range-VAL (Value Area Low):
Range-VAH: This level is marked at approximately 1.09500 USD. It's the upper boundary of the value area, indicating a strong resistance zone where price action has historically encountered selling pressure.
Range-VAL: This level is marked at approximately 1.06926 USD. It's the lower boundary of the value area, indicating a strong support zone where price action has historically encountered buying pressure.
SVP Levels (Session Volume Profile Points of Control - POC):
Multiple POCs are marked for different time frames (1D, 1H, 4H). These levels represent the price levels where the highest volume of trading has occurred, acting as key support or resistance levels.
SVP-1D-POC: 1.08996 USD
SVP-4H-POC: 1.07898 USD
SVP-1H-POC: 1.08258 USD
SVP-4H-POC: 1.07458 USD
Trading Opportunities (Scalp and Limit Zones):
Small Scalp (Reaction): These are short-term trading opportunities marked by pink lines indicating expected price reactions. These are positioned around:
1.08743 USD
1.08258 USD
1.07800 USD
Mid Scalp (Reaction): A mid-term trading opportunity positioned around 1.07458 USD.
Reasonable Limit Zone: This is a potential buy zone marked in the grey area, ranging from 1.07080 USD to 1.06926 USD. This area is expected to act as strong support.
Game Plan
Short-Term Scalping Opportunities:
First Level: Look for a potential short-term sell (scalp) at around 1.08743 USD. If the price reaches this level, it is expected to encounter resistance and provide a shorting opportunity.
Second Level: Another short-term scalp opportunity is at 1.08258 USD. Monitor the price action and volume to execute a quick sell trade.
Third Level: At 1.07800 USD, look for a reaction to possibly short the pair for a brief period.
Mid-Term Scalping Opportunity:
Mid Scalp: Around 1.07458 USD, look for a mid-term trading opportunity. If the price reacts at this level, consider a short-term sell trade.
Buying Opportunity:
Reasonable Limit Zone: Between 1.07080 USD and 1.06926 USD, consider placing buy orders. This area is marked as a strong support zone where the price is expected to find buying interest.
Strategy Execution
Monitor Key Levels: Keep an eye on the price action as it approaches the key levels mentioned above.
Volume Analysis: Pay attention to the trading volume at these levels. High volume can confirm the strength of the support or resistance.
Set Alerts: Use trading platform alerts to notify you when the price reaches the identified zones.
Risk Management: Always use stop-loss orders to protect your trades. For scalp trades, place tight stop losses just beyond the resistance or support levels.
Review and Adapt: Continuously review the market conditions and adapt your strategy accordingly.
By following this game plan, traders can capitalize on potential short-term price reactions and a significant buy zone in the EUR/USD pair.
Range-VAH: This level is marked at approximately 1.09500 USD. It's the upper boundary of the value area, indicating a strong resistance zone where price action has historically encountered selling pressure.
Range-VAL: This level is marked at approximately 1.06926 USD. It's the lower boundary of the value area, indicating a strong support zone where price action has historically encountered buying pressure.
SVP Levels (Session Volume Profile Points of Control - POC):
Multiple POCs are marked for different time frames (1D, 1H, 4H). These levels represent the price levels where the highest volume of trading has occurred, acting as key support or resistance levels.
SVP-1D-POC: 1.08996 USD
SVP-4H-POC: 1.07898 USD
SVP-1H-POC: 1.08258 USD
SVP-4H-POC: 1.07458 USD
Trading Opportunities (Scalp and Limit Zones):
Small Scalp (Reaction): These are short-term trading opportunities marked by pink lines indicating expected price reactions. These are positioned around:
1.08743 USD
1.08258 USD
1.07800 USD
Mid Scalp (Reaction): A mid-term trading opportunity positioned around 1.07458 USD.
Reasonable Limit Zone: This is a potential buy zone marked in the grey area, ranging from 1.07080 USD to 1.06926 USD. This area is expected to act as strong support.
Game Plan
Short-Term Scalping Opportunities:
First Level: Look for a potential short-term sell (scalp) at around 1.08743 USD. If the price reaches this level, it is expected to encounter resistance and provide a shorting opportunity.
Second Level: Another short-term scalp opportunity is at 1.08258 USD. Monitor the price action and volume to execute a quick sell trade.
Third Level: At 1.07800 USD, look for a reaction to possibly short the pair for a brief period.
Mid-Term Scalping Opportunity:
Mid Scalp: Around 1.07458 USD, look for a mid-term trading opportunity. If the price reacts at this level, consider a short-term sell trade.
Buying Opportunity:
Reasonable Limit Zone: Between 1.07080 USD and 1.06926 USD, consider placing buy orders. This area is marked as a strong support zone where the price is expected to find buying interest.
Strategy Execution
Monitor Key Levels: Keep an eye on the price action as it approaches the key levels mentioned above.
Volume Analysis: Pay attention to the trading volume at these levels. High volume can confirm the strength of the support or resistance.
Set Alerts: Use trading platform alerts to notify you when the price reaches the identified zones.
Risk Management: Always use stop-loss orders to protect your trades. For scalp trades, place tight stop losses just beyond the resistance or support levels.
Review and Adapt: Continuously review the market conditions and adapt your strategy accordingly.
By following this game plan, traders can capitalize on potential short-term price reactions and a significant buy zone in the EUR/USD pair.