EURUSD Volume Trend Analysis
After a fairly stunning move down from the Volume Trend Advisor Weakness indication (The red square indicates weakness based on volume price and other variables), I am now looking to enter long. Volume is picking up now so I expect to see a change in trend soon. As always we wait for the signal but I wanted to let those of you following us of a likely move. I'll update if the indication appears while I am trading this evening or update tomorrow.
The Volume Trend Advisor (The red and green indications on my chart) indicates in real-time and cannot repaint as it uses closed price and volume analysis to determine likely changes in direction/trend. The Green icon = Strength and the Red icon = Weakness. If you have any questions regarding this fairly simple and accurate method of volume analysis, please contact us directly via PM here or via our website.
The Volume Trend Advisor (The red and green indications on my chart) indicates in real-time and cannot repaint as it uses closed price and volume analysis to determine likely changes in direction/trend. The Green icon = Strength and the Red icon = Weakness. If you have any questions regarding this fairly simple and accurate method of volume analysis, please contact us directly via PM here or via our website.
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.