AUDCHF Volume accumulation area There is another strong level... Strong support zone and it is based on volumes accumulation in 0.7032 area. Where is sideways price action before the start of buying activity. Also was in this area strong rejection of lower prices and rejection like this indicates that buyers agrressively rejected the low prices and i want to be on side the buyers. Which mean i will be waiting for pullback for long trade.
Happy trading
Dale
Traderdale
Trend setup - Volume cluster This trade idea is based mostly on a Trend setup. There is a strong downtrend on the NZD/CAD right now. In such case, I look for volume clusters that were created within the downtrend. On the biggest volume cluster are more likely to respond by correction. This is reason why i wait for returning market to this volume cluster. How i set profit and target can you read in my NEW BOOK.