If we align the volume profile with this trending leg we can see that a good value area aligns with previous support.
This can indicate that a possible reversal can occur there!
Since the main POC of the volume profile is on the top, I will just enter at the bottom of the zone.
A quick 1:1 but you can do what you prefer.
This can indicate that a possible reversal can occur there!
Since the main POC of the volume profile is on the top, I will just enter at the bottom of the zone.
A quick 1:1 but you can do what you prefer.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.