OANDA:GBPUSD will dip back down to fill in some PA and Volume gaps. With an anchored VWAP from September 13 NY session open with a big dump starting a long downtrend, PA is ranging between the standard deviations of the long term VWAP. Above the current VWAP, it opened the week with a large gap up from last week's close, which it will go fill on its way back to...
Swing shorts to 20900 and 20200 are a very good bet. These are NPOCs from July 5, 6, and 7. It is rare when the price does not return to a previous POCs, so they are very good targets. POCs from HTFs (higher timeframes) are especially good targets because the higher time means more volume during that time period than LTFs (lower time frames) The volume at a...
i haven't posted an "idea" in a while; they're tedious a bit of a time waster often, but they're good to do; i'll have a little fun with this one but will have to leave it somewhat incomplete because... time; incomplete or not, this still ended up being a bit lengthy STARTING THE WEEK WITH A VP (VOLUME PROFILE) POC ANALYSIS since the beginning of the week, i...
Volume profile on INDEX:BTCUSD on monthly chart after cycle up in 2019 The high volume cluster at the bottom is obvious. The POC for the whole profile up to the current price today is in the 9.2k range. The edge of the high volume cluster is around 12k. There's plenty of liquidity gaps (fair value gaps, FVGs, whatever you like to call them) between here and...
EURUSD will continue its downtrend after running through the FVG again
On the Binance BTCUSDT spot market, a volume profile with a 1 USDT resolution on the current daily rotation shows a POC (Point of Control) around 30185 USDT. With some noise, the daily candles in this current accumulation zone have been playing with the current VAL and VAH as support and resistance. Over the past several days, the current POC has behaved as it...
Can we leverage stablecoin pairs? BUSD up almost 10% over Tether's USDT. Look at that volume too!