EUR/USD : The MOST significant Volume cluster from the 2021 🚀
Finally we have here the strongest Volume cluster for 2022!!!
And you are right is is from Year 2021...
This is so strong S/R for me based on Volume profile.
On EUR/USD is nice to see strong sell-off from the price 1.1556 and 1.1802 , 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 for almost a year + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
And you are right is is from Year 2021...
This is so strong S/R for me based on Volume profile.
On EUR/USD is nice to see strong sell-off from the price 1.1556 and 1.1802 , 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 for almost a year + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
📗 Volume Profile & Order Flow books (FREE download)
volumeprofile.com
orderflow.com
📺 Free Volume Profile Webinar
trader-dale.com/webinar-how-to-trade-with-volume-profile-in-2022
💬 Have questions?
contact@trader-dale.com
volumeprofile.com
orderflow.com
📺 Free Volume Profile Webinar
trader-dale.com/webinar-how-to-trade-with-volume-profile-in-2022
💬 Have questions?
contact@trader-dale.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.