EURUSD strong sell-off ⏬
Volume accumulation
What I always like to see is a price rotation which is followed by a trend. I call this the Volume Accumulation Setup.
First, volumes get accumulated in the rotation and then the big guys push the price into the trend to make money.
Why do volumes get accumulated in a rotation? Because the big guys can hide there. They don’t want to show their intentions. They want to enter their positions slowly and unnoticed.
Because of thie nice Volume accumulation i set my short level on 1.09020...
From this short level i expect down reaction..
This short level is confirmed by downtrend.
Happy trading
Dale
What I always like to see is a price rotation which is followed by a trend. I call this the Volume Accumulation Setup.
First, volumes get accumulated in the rotation and then the big guys push the price into the trend to make money.
Why do volumes get accumulated in a rotation? Because the big guys can hide there. They don’t want to show their intentions. They want to enter their positions slowly and unnoticed.
Because of thie nice Volume accumulation i set my short level on 1.09020...
From this short level i expect down reaction..
This short level is confirmed by downtrend.
Happy trading
Dale
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