There is strong resistance around price level 58.
Where was strong volume cluster and nice accumulation followed with nice move down.
Potential profit is around price level 56 to the next volume cluster.
After nice move up is accumulated lot of contracts about price level 81.2.
And i thing that buyers which iniciated this strong buying activity were building around this area lot of contracts and will be defend
there position around POC ( Point of control )
When the price makes pullback to this level again i thing that guys will be aggressive and push the...
Daily chart is strong daily up trend.
There is nice significant Volume cluster around 1.0691 where buyers were pushing the price upwards.
For me this is heavy volume zone so when the price makes it back to this level again.
I will be waiting here for my long position.
Here is the most significant Volume cluster from the last week.
I expect on both of them short reaction.
Short_1 level is the strongest level from the week, after consolidation followed move down around 30 pips.
The last week was ended so bad for AUDUSD ... The week candle is closed at the bottom. What mean the market is in short trend.
For that reason i want...
Today i expect close GAP because this GAP is around 20 pips big. So similar situation is on USDCAD!
Usually when the market open with GAP after volume accumulation, the price goes back to the volumes and there is reaction.
How trade setup GAP can you read in my book...
Perfect level for short is around strong volume cluster about price 1.3321.
There is nice to see strong sellers activity, where the market move down around 100 pips in very short time.
Around price 1.32222 can you see fight right now. Because this is the secound biggest volume cluster during move down.
For me is tested before, almost 3-4 times before...
I expect small corection down right now on AUDCHF!
Reason for this short trade :
1. Continuation of the down trend
2. Volume cluster
3. S/R zone from the past
4. Sell off in this area in history
The last week can we saw strong sell off on EURUSD.
The market closed below the current low this year. In addition, the market rotated under very strong resistance last week. ( 2. Significant S/R zone )
So now I will try to search opportunity for shorts trade with target around other strong Volume cluster from 2017 ( 3. Significant S/R zone ) .
This is the...
This trading idea for short trade from price level 71.86 is based of combination Volume cluster + Open market.
There is heavy volume accumulation in strong area from which strong selling activity starting...
So when the price will back again .. I thing that this strong sellers start defenting position and push the price downwards again.
Od the Daily chart how you can see on daily candles there is strong buying activity.
So in this case like that i am looking for the trend setup.
Trend setup bassically means that you are looking significant volume cluster. Like right now on Gold market around price level 1416. This is very strong
volume cluster created in rotation.
I expect that when market...
This week was nice sell off on EURUSD...
For that reason can you nice to see significant Volume cluster, where is accumulation many orders.
I expect that this significant Volume cluster will be Support and Resitance for next week...
When you select all area of the year 2019 and use Volume Profile ... So you can find POC ( Point of control ) of the whole year on the price level 82.49.
This is exactly at the perfect price level for short .. Because on same price level is nice to see how strong sellers push price lower and lower...
1. POC of the year
2. Initiation of strong sellers
After 5 days of long consolidation EURUSD made a downward movement...
For that reason i use Volume Profile for finding Point of control (POC) for the market.. Where i see fair price.
POC - The price level for the time period with the highest traded volume.
And now i expect that in this level will be reaction when the market return back.
The last week i share with you analyses on USDCAD Daily chart...
I showed to you combination of two my setups what i use... Yearly Volume profile with Daily Gartley.
POC Of the Year is so strong level, where big banks and instuticion want to trade...
Point of control ( POC ) the last year 2018 On USDCAD in Price level 1.30228 was perfect example how it works...
From the last week is just two significant Volume cluster in the chart.
First one around price level 1.2478 is tested ... But the second around price 1.2433 can be good enter for small corection up.
Take profit 10 pips
Stoploss 12 pips
On the end of the last week can see strong rejection of lower prices on NZDUSD..
So sharp and fast rejection of strong buyers moved aggresively price up to the 0.6837.
It look that good enter for continue this trend is on the biggest volume cluster around price level 0.6670