XINHWA - Volume Profile Analysis
Updated
XINHWA rebounded at main volume profile point of control @ 0.410 and break mini volume profile point of control @ 0.450 with extremely high volume
Be cautious @ 0.485 (price might be rejected at low volume node)
Potential buy on dip @ 0.450 (price retest mini volume profile point of control)
Potential target price @ 0.535 (fib extension 1.618 & previous resistance)
Disclaimer:
This is intended to be used and must be used for technical analysis education purposes only. Trade at your own risk.
Be cautious @ 0.485 (price might be rejected at low volume node)
Potential buy on dip @ 0.450 (price retest mini volume profile point of control)
Potential target price @ 0.535 (fib extension 1.618 & previous resistance)
Disclaimer:
This is intended to be used and must be used for technical analysis education purposes only. Trade at your own risk.
Note
Price closed below Cut Loss point @ 0.410 on 27 Jul 2021 Status: Stopped Out
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.