13 minutes ago
For the last couple of years I have been experimenting with the idea of reading volume along with reading chart patterns and have created Sherlock VPT's which stands for Volume Price targets. This is something I teach and rely on extensively when breaking down charts and finding setups.
We have a VPT on Bitcoin on the daily time frame at the price...
We are currently coiling up for a breakout. We do not have alot of volumes at the moment and will most probably happen in new york session only because that is where the volumes are coming from usually. targets
Bigger picture with the previous breakout and price action:
Trade setup:
Note this is the 3rd bounce off the trendline so we could see a huge breakout...
