Unfi Short Scalp using CVD to confirm the trade - 84.86% profit
BINANCE:UNFIUSDTBYBIT:UNFIUSDTCOINBASE:UNFIUSD
Educational post on CVD or Cumulative Volume Delta and how I use it to confirm scalps and swing trades
Unfi Short Scalp using CVD to confirm the trade - 84.86% profit in 30 minutes!
Delta only shows us market orders. NB!!!
Bearish CVD: (used in this trade)
Price making LH but CVD making HH. People are aggressively market buying, but highs in price can’t be taken out. Bigger limit order trader has absorbed price
Bullish CVD:
More people market shorting (CVD) but Price forms HL. CVD makes LL.
if price making HL and more people market shorting, then a bigger trader or traders has come in with a limit order and absorbed the market shorts
Both leads to trapped traders and you can expect a decent follow through.
Not Financial Advice. DYOR. Papertrade before trading with real money.
Hope you have a profitable trading day!
Shawn
Educational post on CVD or Cumulative Volume Delta and how I use it to confirm scalps and swing trades
Unfi Short Scalp using CVD to confirm the trade - 84.86% profit in 30 minutes!
Delta only shows us market orders. NB!!!
Bearish CVD: (used in this trade)
Price making LH but CVD making HH. People are aggressively market buying, but highs in price can’t be taken out. Bigger limit order trader has absorbed price
Bullish CVD:
More people market shorting (CVD) but Price forms HL. CVD makes LL.
if price making HL and more people market shorting, then a bigger trader or traders has come in with a limit order and absorbed the market shorts
Both leads to trapped traders and you can expect a decent follow through.
Not Financial Advice. DYOR. Papertrade before trading with real money.
Hope you have a profitable trading day!
Shawn
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