EURUSD H1
You can clearly see the Point of Control in volume profile, in that specific zone there is avoid of liquidity (asa IMBALANCE) and that zone will attract the price because big players will have to mitigate their trades.
Anyway we see that price is trading in a narrow range now, we should wait a potential breakout and the close of a H1 candle above the rsistance before placing a buy, if instead price goes down we will stay out of market.
The Italian Trader
You can clearly see the Point of Control in volume profile, in that specific zone there is avoid of liquidity (asa IMBALANCE) and that zone will attract the price because big players will have to mitigate their trades.
Anyway we see that price is trading in a narrow range now, we should wait a potential breakout and the close of a H1 candle above the rsistance before placing a buy, if instead price goes down we will stay out of market.
The Italian Trader
Trade closed: target reached:
close your trade in proft and place a buy limit 30 pips lower