S&P 500 (ES), it's nice to see a strong buying reaction at the price of 5244.00.
There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again.
The S/R zone from the past and high volume cluster are the main reasons for my decision to go long on this trade.
Happy trading
Dale
There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again.
The S/R zone from the past and high volume cluster are the main reasons for my decision to go long on this trade.
Happy trading
Dale
📗 Volume Profile book (FREE download)
trader-dale.clickfunnels.com/freebook27017464
📺 Free Volume Profile Webinar
www.trader-dale.com/volume-profile-webinar-learn-how-to-trade-forex/
💬 Have questions?
contact@trader-dale.com
trader-dale.clickfunnels.com/freebook27017464
📺 Free Volume Profile Webinar
www.trader-dale.com/volume-profile-webinar-learn-how-to-trade-forex/
💬 Have questions?
contact@trader-dale.com