FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
309 7 13
Is it really an Expanding Flat?!!
Based on Market Profile (volumes) and Price Action there is very strong swing support at 0.7246. There was about 2 week rotation where the big players accumulated their long trades and then moved the price agressively higher. You Can see this strong trading activity even on yearly volume profile!
If the price comes back to 0.7246 I think that the agressive buyers will come again and push the price higher once more.
Here is my analysis:
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leharman PRO Trader_Dale
@Trader_Dale, Sorry, volume profile doesn't work. Even though, price will move higher for other reasons. Thanks anyway!
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snapshot


?
Reply
mdogan mdogan
May be...
Reply
looks like it!!
+1 Reply
maybe expanding?
+2 Reply
Yesssss
+1 Reply
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