Trader_Dale

NZD/USD: Volume Profile ๐Ÿ“Š and Price Action Analysis ๐Ÿ“‹

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
On NZD/USD is nice to see strong sell-off from the price 0.62930 , 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...

Downtrend + Strong volume area + Weekly VWAP are my mainly reason for this short trade....

Happy trading

Dale

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