AUD/JPY continue with the Uptrend ☝️On AUD/JPY is nice to see strong buying reaction from the price 82.77 , there is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that buyers from this area will be defend this long position...
and when the price come back to this area, strong buyers will be push up the market again...
Uptrend + Strong volume area is my mainly reason for this long trade....
Happy trading
Dale
Volumeindicator
NZD/USD: Day Trading Analysis With Volume Profile 📊 On NZD/USD is nice to see strong buying reaction from the price 0.6715, there is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that buyers from this area will be defend this long position...
and when the price come back to this area, strong buyers will be push up the market again...
Uptrend + Strong volume area is my mainly reason for this long trade....
Happy trading
Dale
GBP/USD: Volume Profile Analysis 📊On GBP/USD is nice to see strong buying reaction from the price 1.3354, there is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that buyers from this area will be defend this long position...
and when the price come back to this area, strong buyers will be push up the market again...
Uptrend + Strong volume area is my mainly reason for this long trade....
Happy trading
Dale
AUD/JPY continue with the Uptrend ☝️On AUD/JPY is nice to see strong buying reaction from the price 81.15, there is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that buyers from this area will be defend this long position...
and when the price come back to this area, strong buyers will be push up the market again...
Uptrend + Strong volume area is my mainly reason for this long trade....
Happy trading
Dale
NZD/CHF: Day Trading Analysis With Volume Profile 📊 On NZD/CHF is nice to see strong sell-off from the price 0.6474 , 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...
Downtrend + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
EUR/JPY Resistance 🔪On EUR/JPY is nice to see strong sell-off from the price 128.63 , 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...
Downtrend + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
GBP/USD: Day Trading Analysis With Volume Profile 📊On GBP/USD is nice to see strong sell-off from the price 1.3287 and 1.3321, 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...
Downtrend + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
CAD/JPY – My favorite combo of 2 trading setups! 🦾🤖On CAD/JPY is nice to see strong buying reaction from the price 88.82, there is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that buyers from this area will be defend this long position...
and when the price come back to this area, strong buyers will be push up the market again...
Resistance zone from the past + Uptrend + Strong volume area is my mainly reason for this long trade....
Happy trading
Dale
CAD/CHF Volume Profile analysis 📊 On CAD/CHF is nice to see strong sell-off from the price 0.7245 , 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...
Downtrend + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
NZD/USD: Day Trading Analysis With Volume Profile 📊 On NZD/USD is nice to see strong sell-off from the price 0.67700 , 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...
Strong S/R zone from the past + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
AUD/CHF continue with the Downtrend 👇On AUD/CHF is nice to see strong sell-off from the price 0.6707 , 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...
Downtrend + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
NZD/JPY: Day Trading Analysis With Volume Profile 📊 On NZD/JPY is nice to see strong sell-off from the price 77.38 , 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...
Rejection of higher prices + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
EUR/AUD Volume areas 📊New Weeks and New levels from my Weekly ideas !!
On EUR/AUD is nice to see strong sell-off from the price 1.6002 , 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...
Strong Downtrend + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
S&P 500: Volume Profile 📊 and Price action analysis 📋On S&P 500 is nice to see strong buying reaction from the price 4652, there is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that buyers from this area will be defend this long position...
and when the price come back to this area, strong buyers will be push up the market again...
Resistance zone from the past + Uptrend + Strong volume area is my mainly reason for this long trade....
Happy trading
Dale
AUD/JPY continue with the Uptrend ☝️On AUD/JPY is nice to see strong buying reaction from the price 0.65560 and 0.65270, there is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that buyers from this area will be defend this long position...
and when the price come back to this area, strong buyers will be push up the market again...
Uptrend + Strong volume area is my mainly reason for this long trade....
Happy trading
Dale
Bitcoin and strong S/R zone 💪 LAST Year Vs. THIS Year
This year was some similar scenario like the last Year on Bitcoin...
After strong Uptrend was in chart nice to see significant Volume cluster...
First significant Volume cluster around 32 000..
And this Year was significant Volume cluster around 42 000...
All this price levels was Awesome Support for Bitcoin...
For that reason watch this strong Significant Volume cluster...
Happy Trading
Dale
AUD/JPY: Day Trading Analysis With Volume Profile 📊 New Week and New levels !!
On AUD/CAD is nice to see strong sell-off from the price 80.010 , 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...
Strong Downtrend + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
AUD/CAD continue with the Downtrend 👇On AUD/CAD is nice to see strong sell-off from the price 0.90520 , 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...
Strong Downtrend + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
EUR/AUD Volume areas 📊On EUR/AUD is nice to see strong sell-off from the price 1.5453 , 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...
Strong Downtrend + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
NZD/CHF: Day Trading Analysis With Volume Profile 📊 On NZD/CHF is nice to see strong buying reaction from the price 0.6524 , there is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that buyers from this area will be defend this long position...
and when the price come back to this area, strong buyers will be push up the market again...
V shape rejection of lower prices + Strong volume area is my mainly reason for this long trade....
Happy trading
Dale
CHF/JPY Day Trading Analysis 📋On CHF/JPY is nice to see strong buying reaction from the price 123.7 , there is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that buyers from this area will be defend this long position...
and when the price come back to this area, strong buyers will be push up the market again...
Weekly POC + Strong buying activity + Strong volume area is my mainly reason for this long trade....
Happy trading
Dale
BTCUSDT 4h short-term forecastBTCUSDT 4h short-term forecast from Wunderbit
Falling wedge;
The global level of support;
Resistance level;
When the wedge is broken, the expectation of a movement to 70000;
Waiting for an exit from the oversold stochastic;
In case of a rebound from the resistance level of 61500, expect a downward movement to the wedge border.
AUD/JPY continue with the Uptrend ☝️Today, I would like to have a closer look at the AUD/JPY.
Since Monday, there has been an uptrend on AUD/JPY. When there is a trend I always like to trade pullbacks to heavy volume zones.
What I do is I use my Flexible Volume Profile and use it on the whole trend area. This nicely reveals the most important institutional trading zones. Those are the ones where the Volume Profile is the widest = heavy volume areas.
The price tends to react to those heavy volume areas – they work as strong Support/Resistance zones.
Why they work as S/R zones? Because the BIG guys (institutional traders) who were trading there in the first place defend those zones. They placed heavy volumes there before and this tells us that those zones are important for them. That’s why they defend them (by pushing price away from them) and why they work as strong Support/ Resistance zones.
Supports on AUD/JPY
There are two such heavy volume zones on AUD/JPY.
The first one around 85.50 got already tested and there was a nice reaction to it.
However, there is also a second heavy volume zone around 85.20 and this hasn’t been tested yet. This means it should work as a Support. The same way the zone around 85.00 did.
When the price makes it back to 85.20 I expect the BIG guys to defend this zone and to push the price upwards from there again.
I hope you guys liked my analysis! Let me know what you think in the comments below!
Happy trading,
-Dale