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Trader_Dale
Aug 2, 2021 8:39 AM

NZD/CAD: Day Trading Analysis With Volume Profile 📊  

New Zealand Dollar/Canadian DollarFXCM

Description

On NZD/CAD is nice to see strong sell-off from the price 0.87550 , there are nice to see strong volume area....

Where is lot of contract accumulated...

I thing that sellers from this area will be defend this short position...

and when the price come back to this area, strong sellers will be push down the market again...

Weekly POC + Strong Downtrend + Strong volume area is my mainly reason for this short trade....

Happy trading

Dale
Comments
Mihai_Iacob
Wonderful job!Thanks
TRADiNG_hub
Quality Stuff 👏
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