POC line within Fixed Range Volume Profile drawing tool for GLOBALPRIME:EURUSD by AlpacaBlack

trendanalysis volumestudies eur usd volumeindicator

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Any information provided here is only the personal opinion of the author.

Comment:

What POC is shows us on the current market structure and positioning?
The whole May we were in correction mode, plus 2 last weeks of June is the same correction mode with market trying to change the trend and to break higher. Unfortunately for bulls bearish trend is still in play and yesterday market was clearly stopped in long positions. Our magnet is previous POC line of Impulse, PA at this level will determine the next market step imo.
TSTW.

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