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Best Technical Indicator to Identify Liquidity Zones Liquidity zones are the essential element of Smart Money trading . These zones provide the safest and the most accurate trading opportunities. The problem is, however, that it is quite complicated for the newbie traders to identify these zones properly. But there is ONE technical indicator that can help. In this article, I will show you the best technical indicator for the identification of liquidity zones. This technical indicator is called Volume profile. Adding that on your chart, you should look for low volume and high volume nodes. High volume nodes indicate the price levels on the chart where big volumes were traded and a high activity of the market participants occurred. The indicator plots 3 significant volume spikes. These are 3 high volume nodes. After you identified high volume nodes, you should analyse a price action and recognize related historical structures. By related structures, I mean historical levels that were respected by the market and from where significant price movements initiated. When you underlined these structures, you should consider the wicks and candle closes. Low volume nodes indicate the price levels on the chart where it has been relatively little trading activity and limited participation from market participants. These zones indicate a lack of liquidity , which can impact the ease of price movement in those areas. Here are 2 low volume nodes that I spotted. After you spotted low volume nodes, you should analyse a price action and recognize related historical structures. Here are the liquidity zones that are based on low volume nodes. Again, these areas are based on wicks and candle closes. These 5 area will be the important liquidity zones from where Smart Money trader can look for trading opportunities. Learn to recognize liquidity zones properly and improve your trading. ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDEducation
by VasilyTrader
4
Wentel Engineering Holdings Bhd to Exit The Sideways RangeIn daily timeframe, price is currently trapped in the sideways/accumulation ranging from 0.305 to 0.335 since April 2024 with a low volume. Price also is holding up well above both the MA 20 and Ma 50. A weekly bull candle already taken out the long wick bearish candle showing that the bullish momentum still intact for short term period. In lower timeframe H1, the internal structure price formed Higher High (HH) and Higher Low (HL) suggesting price is bullish. To further validate the bullish movement, price must close above 0.345 as a sign of Change of Character (ChoCh). A break below 0.305 will negate the bullish movement in H1 signaling correction still in progress while 0.285 will be the last defense.
WLong
by fuad_khairi
Zantat Holdings Bhd to Gain Momentum for New HighIn daily timeframe, price is holding well above the MA 20 indicates the momentum still intact for short term period. In lower timeframe H1, we can see a reversal followed by a bullish continuation pattern and currently price is capped below the supply zone area of 0.515 to 0.525. To further validate the bullish movement, price to close above 0.515 in weekly timeframe as a breakout from the previous weekly bear candle. A break below 0.470 invalidates the bullish movement and will further move downwards to 0.455.
ZLong
by fuad_khairi