Clear uptrend buy pullback at strong volume area. Take profit on todays POC.
Gold touch big timeframe rezistance and drop from there - possible intraday setup to join to sellers on volume peaks m30 timeframe.
Long idea based on volume setup and strong gap from there - accumulation by big banks.
3 days price ranging and making D - profile shapes. Today was initiation action of sellers to move market downside. First test rezistance around 2821 where support became rezistance and yesterday POC.
Clear downtrend support are taken out, rezistance are respected. Short at round number 1.52 on most traded volume area of week could be great short oportunity where sellers absorbed buyers.
Market is now ranging sideways lot of room because EURO has not direction. Key levels to watch on sell and buy side.
Broken trendline / Downtrend on daily / Close at weekly low / Heavy Volume at rezistance area Lot of confluences for short market. First buying zone i see 1.3035
Strong sell action from last days give opportunity to sell on retracement, where we have 3 confluences: Rotation with volume accumulation Strong sell gap - imbalance extreme Pivot high - reversal point rejected price . Buyers still nowhere...
FX:EURJPY Long idea based on volume profile and price action.
Eur/usd is still in supply D1 area. I am looking for first test volume zone around 1.1837 for intraday profit. Price now making sideways moving - accumulation.
USDJPY clear downtrend , opportunities for short market at volume areas around 112.39 and 112.53. These volumes was accumulated to broken previos heavy volume lows to upside move market.
Uptrend, long bias, buy at dip area where was big volume and after that bullish action gap.
Market profile shows me setup for buying bitcoin around 6000$ where is significant volume area where buyers accumulated their orders and price goes up for new all time high. This significant area could be for buyers potential zone for buying dip.
I will short at 113.95 mainly for these reasons. First i see that clear downside trendline respecting, second big gap from zone tells me great initial move and action from sellers, when price touch the level sellers will defending their positions. Favourite setup - big volume, gap or single are reasons for short opportunity.
Last week GBPUSD ranging sideways market. Friday market upside move broke S/R zone with big initial gap. I will waiting for pullback to volume profile area around 1.3156 where is local point of control.