TradingView
Trader_Dale
Dec 6, 2022 2:19 PM

NZD/USD Volume Profile and Price Action Analysis 

New Zealand Dollar/U.S. DollarFXCM

Description

On NZD/USD is nice to see strong buying reaction from the price 0.62360 , there is nice to see strong volume area....

Where is lot of contract accumulated...

I thing that buyers from this area will be defend this long position...

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

Strong volume area + Uptrend is my mainly reason for this long trade....



Happy trading

Dale
Comments
pibrewer
So, if it comes back down to .62360 you're looking for it to bounce and go long?
More