y11ohan

Price just rejected the POC heavilly, looking for buys

Long
OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
The red line is the Point of Control of the Volume Profile , witch means where market participants have been the most active in the market (most volume ). It is considered as strong support in an uptrend.
Here Price just rejected this key level with a strong engulfing candle, indicating that the price will be continuing upwards.
I am looking for a good entry to target the highs.
3.2 RR
simple

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out