$USOIL CHART Welcome Traders >> We Have Here Opportunity And Direction For $USOIL ! Frame : Daily ! ! Tools Details On Chart ! ♣️ Down Trend Line --- Waiting For Break Out To Buy ♣️ 61.8 Fibonacci Area ♣️ Volume Area Line >> Sell Target 📚 Vision : Sell If The Price Close Down 61.8 Area ^^^^ Buy If The Price Close Above 61.8 Area 📚 !! Please Take care Trading...
EURUSD created a rotation. The volume profile in this rotation shows a point of control of 1.1787 This area could be a short-term turning point. The setup could look like this: Sell limit: 1.1787 (or 1 PIP below) SL above the highs of the rotation 1.1810 Target at the lower end of 1.1730 For daytraders, I would simply trade the POC with a TP/SL of 10 PIP...
Looking at the BITSTAMP:BTCUSD pair it looks like the price will continue to fall after some consolidation in the triangle. The most probable scenario (presented): The price of Bitcoin will continue its consolidation in the descending triangle. Base on the technical analysis, in most cases this is a continuation pattern and the price should break the bottom of...
In today’s analysis, I am going to have a closer look at AUD/CAD. There was strong macroeconomic news released in the Asian session today. It was the AUD Cash Rate and RBA Rate Statement. Then later, there was the Annual Budget Release. All those were strong news which affected the AUD and caused the strong sell-off. When there is a new trend like we see now, I...
In case price approaches the Low Volume Node at 1.20100 with good momentum, a reversal is expected considering that the low volumes will not be supporting the price rally. Volume profile is drawed in the area where price formed a discending parallel channel. We have confluence with the value area high that acts as resistance and a supply zone at the same price...
ETH is preparing for the move! At the current state of the asset, the price does not show any strength or weaknesses of either Bulls or Bears. The decreasing volume is suggesting that the asset is going through the accumulation phase. At the same time, the price is bouncing around the POC of the current month. Trading Plan COINBASE:ETHUSD : There are two...
Evening Traders, Today’s analysis – NWCUSDT – testing daily S/R with a valid liquidity run, swing high is the immediate target. Points to consider, - Bullish trend (consecutive higher lows) - Swing high ( trend pivot) - Daily S/R (immediate support) - Oscillators divergence - 200 MA support - POC liquidity run The immediate trend for NWCUSDT is considered...
Looking at the number of factors BINANCE:NEOUSDT is preparing for the trend reversal and potential downward move. There is a number of reasons for this. 1) Price/Volume and Price/RSI divergence. 2) This divergence occurring next to the important resistance zone of $22.90 3) In the lower timeframe (2H) there is a "Sell Zone" between $22.5 - $22.9 Trading...
BTC is looking weak and ready for some more downside on 15 min TF
Interesting, if you look align the FIB with the VPVR and the top, you get complete alignment with my chart, interesting. POC is still a possibility, as you know volume profile'rs, the POC is a magnet. This Chart is becoming more interesting everyday... I need a coder, willing to hire, if the price is right...lol.
spx is showing the possibility of up move from here as long as its staying above yesterdays POC.
The clear "P" shape of the profile and recent news of high profile investors selling banks and buying gold miners suggest quite a strong opening this week in gold. I find the GBP gold price to be less prone to being pushed around by competing trading strategies that can muddy the USD gold price. Significant upside to above GBP1580 while unlikely, cannot be ruled...
Short it at the supply zone (132 to 140) and close the position at the target lvl coincides with SMA 200!
XRP on the weekly chart is still in an overall downtrend but it’s showing bullish signs. Currently trading just around it’s 20ema, also it’s point of control YTD as seen on the volume profile . If we can close above this with above average volume (+104.655M), we can expect more bullish sentiment to follow. I’d be looking to see a brief some resistance around the...
1. PK is in a strong support level 2. respected MA20. 3. Oversold RSI. i bought a 1% risk position, and will add more (averaging) if it goes lower. Next buy target is the strong weekly + vprofile level. This level is the point of control for volume profiling indicator. Great risk/reward.