NZD/JPY continue with the Downtrend 👇

On NZD/JPY is nice to see strong sell-off from the price 86.51, 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...

VWAP first deviation + Downtrend + Strong volume area is my mainly reason for this short trade....

Happy trading

Dale
ForexNZDJPYTrend Analysis

đź“— Volume Profile & Order Flow books (FREE download)
volumeprofile.com
orderflow.com


đź“ş Free Volume Profile Webinar
trader-dale.com/webinar-how-to-trade-with-volume-profile-in-2022

đź’¬ Have questions?
contact@trader-dale.com
Also on:

Related publications

Disclaimer