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Volumeprofileindicator

Harley is having a spring sale HOG LONG ?The chart shows HOG to have reversed above its intermediate-term support. Price is just below the near-term POC line of the volume profile and 30 % below the intermediate-term POC line where increased volatility could result in a rejection bounce or alternatively a push higher into the low-volume area above. The zero-lag MACD shows the lines crossed under the histogram and crossed over the zero line. The Bolliger Bands indicator shows a buy signal with a price near to the lower band. Overall, this is a good place to take a long swing trade of stock or even a call option of 4 weeks duration mindful that it might be strategic to "ride" the anticipation of earnings on April 25th but close out the option contract or stock position a few days before the earnings report. For the stock trade, stop loss and target are drawn onto the chart.
NYSE:HOGLong
by AwesomeAvani
AUDUSD: Bearish signal below 0.6680AUDUSD pair successfully broke below the wedge pattern as I mentioned in the previous analysis. However, it seems that more liquidity is needed to support the downward movement. It's likely that the price will undergo a corrective movement towards the level of 0.6680, which is a very important level where the broken trendline, Fibonacci level 23.60, and the moving averages 50 and 100 on the 4-hour timeframe converge. Additionally, the point of control (POC) is also located at that level, as shown on the volume profile indicator. Any sign of reversal from this level will be considered a bearish signal towards 0.65970. ------------------------------------------------------------------------- Let me know your thoughts in the comments, and show your support by liking the idea. Please follow if you're interested in more ideas like this. Your support is greatly appreciated!
Short
by Candlestick_OB
1
Swing XAUUSD timeframes 1D As we can see 2 green candles has closed in valuable range. I prefer long for XAU now. 🟢🟢🟢 XAU/USD is currently trading at $1,830, which is just below the key resistance level of $1,874. However, the overall trend for gold is bullish, and there is a potential for a meeting at the resistance level. In addition, there is support at the $1,800 level, which could limit downside risk for traders in a long position. This suggests that there is potential for the price to break out above the resistance level, which could be favorable for traders in a long position Entry: 1830 TP1: 1875 TP2: 1905 SL: 1800 Let see how it goes :) Happy trading guys!
OANDA:XAUUSDLong
by TraderBBBBB
5
BTC Support and ResistanceRecently I added VRVP (Volume Profile Visible Range) into my Support and Resistance BTC chart. Something I found interesting in this was the Point of Control (POC) Previous cycle ATH is the most active price point for trading engagement. This provides me a fundamental insight that there were a lot of investors/trades were expecting retest of previous ATH. This is a common theory in technical analysis. In addition it reflects that we are in an accumulation period for bitcoin. The big blue box shows my interpretation on accumulation zone. VRVP (Volume Profile Visible Range): Reflects the amount of volume traded at certain price points. Generally most effective when trading larger-cap crypto assets.  POC (Point of Control) :  is the node with the highest volume profile, and appears as the longest bar. This can be used as an important retest point or to calculate potential support and resistance. Orange Dash Line. If you like this idea, please feel free to share some love. Also I welcome any and every sort of comments and criticisms as it helps me to improve my analysis. If you are from Sri Lanka Please feel free to check out our local communities encouraging responsible investment cryptocurrencies. Learn! Invest! Earn!
by cryptochi1986
1
SWING EUR/USD 1D timeframe 💶The two specific levels mentioned are 1.03462 and 0.98358, which are referred to as support zones. These levels are important because they represent areas where there is significant demand for the currency pair. 🔴🔴🔴 In this scenario, My trade is entering a short position on the EUR/USD currency pair with an entry point of 1.06197 and a stop loss at 1.07967. This means that I'm betting that the value of the EUR/USD will decrease. Happy trading guys :) B
Short
by TraderBBBBB
GBP/JPY Short Opportunity: Capitalizing on Channel Structure andI have created this GBP/JPY short market idea due to the favorable technical setup observed in the chart. The currency pair has been trading within a downward channel and the previous high presents an ideal point of entry for a short position. The liquidity at the previous high, indicated by the volume profile, adds to the confluence of factors supporting this trade idea. The downward channel structure combined with the high liquidity at the previous high provides a strong basis for my decision to initiate a short position in the GBP/JPY market. Please note that this is not investment advice and past performance is not a guarantee of future results. Trading always carries risk and it's important to conduct thorough research and analysis before making any trading decisions. Thank you for your attention.
Short
by RobespierreDBeUnlimited
1
XAUUSD Prediction the price 🪙XAUUSD BIAS UP (Scalping trading timeframes 1m-5m-15m) Plan 1 Pink: It's possible that the price sideway between 1928 - 1925 and it will move up to zone 1930 or 1934 Plan 2 Blue: The price crashes through zone buyers at 1924 and downwards at 1920. When the price comes to this second zone buyers which will move up to zone 1925 or 1930 Plan 3 Orange: 2 zones of buyers can not protect their positions and the price move down to 1916.5, then the Rejection buy happens at red elip - the price will move up to zone 1925 or 1930 These plans will help you having a good picture of market :) Have a great day traders!
OANDA:XAUUSDLong
by TraderBBBBB
XAU/USD Nice move from market Bias today is down - I prefer to Short more than Long Plan 1: Sellers continue breaking by Strong Buyers Zone and price move down to 1912 Plan 2: Price is protected by Strong Buyers Zone and price increase to 1927, which has big volume from Sellers. I think we will see a litigation for this area but Sellers will take advantages and Price move down to 1912 Plan 3, just my vision. Price breaks and move above the yellow circle then we can take risk a Long trade to zone 1930 or 1940 These are my plans but it still a possibility :) Have a good day guys! Ray
OANDA:XAUUSD
by TraderBBBBB
6
BTC Local range scalps If the bitcoin price can retrace down to the golden pocket that is sitting just outside of the value area low of the range and market cipher is showing some mid time frame (20-30min) momentum divergence' with lower timeframes showing money flow coming up toward the 0 line and momentum divergence, then it it likely to bounce back into the value area making it more likely price will get a move up back to the top of the value area where there is a well respected Fibonacci level and price could start to print a very broken down anchor and trigger wave (would look more like an anchor and trigger higher timeframes) that could bring price down for a lower low or obviously it could just continue to range.
by scottmcscran
TRADE PLAN 01/05/2023TP1> If we manage to Trade/Bid above MAIN POC 3863, we can go for 3880 > 3913 > 3924 > 3943 > 3965 > 3979 > 3995. >To the upside, the level I'm looking it right now is the 3860, that's the POC of those last 12 days, we need to trade/bid above so we can try to break the LIS 3913/3915, where BULLS are losing the battle. TP2> If we manage to Trade below MAIN POC 3863, we can visit 3841 > 3824 > 3800 > 3787 > 3766 > 3728. >To the downside, the level I'm looking is 3824, as we are already trading below 3960 12 days POC, so once we confirm below 3824, we have to break lower to find strong sellers to push below 3800, where BEARS are losing the battle. * We are trading in this 100 points RANGE from 3800 to 3900 levels for the last 12 days or about 2 weeks, I would say that the market structure are balanced, looking for stronger BUYERS or SELLERS around the VALUE AREAS. For now no direction in the markets, just range trades, we should break anytime soon out of this BOX, and I was hoping that today with FOMC minutes we could go search some new levels, out of balance, but... Mr Market had other plans, so for now lets trade the levels and see how it goes by Friday NFP. #tradesafe #sizekills
CME_MINI:ES1!
by IronMan_Trader
TRADE PLAN 01/04/2023TP1> If we manage to Trade/Bid above MAIN POC 3841, we can go for 3858 > 3880 > 3913 > 3924 > 3943 > 3965 > 3979 > 3995. >To the upside, the level I'm looking it right now is the 3860, that's the POC of those last 11 days, we need to trade/bid above so we can try to break the LIS 3913/3915, where BULLS are losing the battle. TP2> If we manage to Trade below MAIN POC 3841, we can visit 3824 > 3800 > 3787 > 3766 > 3728. >To the downside, the level I'm looking is 3824, as we are already trading below 3960 11 days POC, so once we confirm below 3824, we have to break lower to find strong sellers to push below 3800, where BEARS are losing the battle. * We are trading in this 100 points RANGE from 3800 to 3900 levels for the last 11 days or about 2 weeks, I would say that the market structure are balanced, looking for stronger BUYERS or SELLERS around the VALUE AREAS. For now no direction in the markets, just range trades, we should break anytime soon out of this BOX and I would like to see the TP1 working tomorrow as I'm positive delta after this nasty $AAPL Drop. $TSLA was also ugly today, -12.24% #tradesafe #sizekills
CME_MINI:ES1!
by IronMan_Trader
How To Use Volume Profile Tool For Massive Gains! 99% ReturnsDisclaimer: Not Financial Advice Using The Volume Profile as a tool for my Nava Imbalance Strategy, I have made 99% ROI time and time again! 1. How I Use Volume Profile Tool (From Last Major Swing To Present) Blue Lines = Immediate Support/Resistance (Range) - Best entry ZONES, Area to WAIT for BUY SETUPS - Best to wait for price to pass sup/res lines and on the way back enter or wait for a retest. Light Blue = MAGNET LINE (Shows which side the pressure is pointing to) - Price will always come back to the magnet line - IF magnet line is getting closer to one side of the range, Its early indication of direction. - Note, price WILL fakeout to the opposing side blue line before moving hard to direction of early indication to give you best possible entry! WARNING: Volume Tool CHANGES. Long term not so much but still keep in mind. 2. Magnet Line is closer to bottom of range = Bearish Pressure 3. Pressure builds up within the magnet and support zone until price breaks out to retest opposing blue line resistance first. 4. BEST POSSIBLE SHORT ENTRY Retest here usually results in a Fakeout. Look for ENTRY SETUPS 5. ENTRY SETUPS Double Top/bottom, Head & Shoulders, rsi/macd oversold/overbought, etc. 6. FOR BEST RESULTS (80% Profitable) Use Volume Profile Tool with Nava Imbalance Strategy (View @JOKESTV Tradingview)
CRYPTOCAP:TOTALEducation
by JOKESTV
📊How to use HORIZONTAL VOLUMES? Tutorial with examples!Horizontal Volume Indicator or Volume Profile is a simple indicator that helps to identify: value areas (support or resistance zones) and liquidity gaps. In this idea I will explain how to use the indicator and mark these areas to make trades and why it works. Let's start at the beginning. 💹What are value areas (support and resistance zones)? 🔶The value zone is the price range at which the most trades are made. On the chart we can mark the value zones: 33600-41000, 46000-49500, 54600-58200. I also marked how these zones were support or resistance to price. The value zone becomes a support for price if the price, when it is tested, does not continue its downward movement. A value zone becomes a resistance if price does not continue to rise above that zone. The zone simply doesn't let the price go higher because there aren't enough buyers. 🔶Liquidity gaps are called that way because no trades were made in that zone and there is no liquidity for traders (buyers or sellers), and price, as we know, goes from liquidity to liquidity (from one zone to another). On the chart I have marked for you the liquidity gaps and we can see that the price can' t stay in these zones for a long time. ✅Why do horizontal volumes work? Price reacts to these zones for a simple reason. Many traders pay attention to these areas and put their limit orders to buy or sell or when the area is tested, so the price moves up or down. If there are more sellers than buyers, the price will go lower and lower ; if there are more buyers, the price goes higher and higher. 🚩How can I add this indicator to my chart? 3 steps to add the indicator to your chart: 1. open "prediction and measurement tools" at the left part of chart 2. choose the "Fixed Range Volume Profile" 3. choose the price range from some date till another date. I chose from Dec 10, 2021 till May 6, 2022. So now you can see and mark all areas on your chart. 🏁This indicator helps to identify areas and can suggest stop points or price reversal, but it should be used with different methods. If the market is in a strong rising trend (UPTREND), it is unlikely to be stopped by a local zone of value, but a global zone may stop it. Also, the support zones can be good entry point. Be more tricky than the market and use different tools. You can use the indicator on different timeframes for scalping or swing trading and with different ALTCOINS. Also, pay attention to the volume indicator, trend lines and key levels that I show in my ideas. 💻Please write in the comments if you still have questions about Horizontal volumes! I`ll try to explain you additional tips 🎇 Press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
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