EUR/USD case study: How to interpret volume profile structures
In the following chart, we provide a case study of the EUR/USD based on the volume profile structures created.
We can classify these structures as single distribution or multiple distribution structures.
As part of the multiple distributions, we can break it down into:
L or P shapes, long or short, with the price close also a key determiner to understand what side is trapped.
When combining the above elements, it helps to formulate an action plan for the next day.
We just published a tutorial on how to interpret these structures via our medium page (link in our profile below).
If you'd like to find out more, drop us a comment.
We can classify these structures as single distribution or multiple distribution structures.
As part of the multiple distributions, we can break it down into:
L or P shapes, long or short, with the price close also a key determiner to understand what side is trapped.
When combining the above elements, it helps to formulate an action plan for the next day.
We just published a tutorial on how to interpret these structures via our medium page (link in our profile below).
If you'd like to find out more, drop us a comment.
👉👉 Join The OFA Inner Circle:
📓📓Learn Order Flow like a PRO:
ofa-course.com
🧑🏫🧑🏫 Author of the #1 Order Flow Script:
tradingview.com/script/WhQSEfKT-OFA-Order-Flow-Analysis
📧📧 DM me if doubts (100% response rate)
📓📓Learn Order Flow like a PRO:
ofa-course.com
🧑🏫🧑🏫 Author of the #1 Order Flow Script:
tradingview.com/script/WhQSEfKT-OFA-Order-Flow-Analysis
📧📧 DM me if doubts (100% response rate)
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.