Hey guys, these are the areas directly above and below price where I'll be expecting volume, and possibly take positions from.
Charting includes : Volume profile , Supply and Demand, Classic patterns , Quasimodo.
Price has recently broke above structural swing high, but has tapped in and reacted to the multiple supply zones after. We could anticipate and react for price to either retest the demand zones below for a Long position targeting the 0.92800 levels, or , confirm that tapping into the supply zone was sufficient, and look for Shorts in the current PA , targeting 0.90000. As I've always said, anything I put out here might be very wrong, always look for confirmations before entering any trades. Goodluck!
Like post to stay updated! Comment/ DM me if you have any questions.
As always, stay safe.
Charting includes : Volume profile , Supply and Demand, Classic patterns , Quasimodo.
Price has recently broke above structural swing high, but has tapped in and reacted to the multiple supply zones after. We could anticipate and react for price to either retest the demand zones below for a Long position targeting the 0.92800 levels, or , confirm that tapping into the supply zone was sufficient, and look for Shorts in the current PA , targeting 0.90000. As I've always said, anything I put out here might be very wrong, always look for confirmations before entering any trades. Goodluck!
Like post to stay updated! Comment/ DM me if you have any questions.
As always, stay safe.