Volume Trend Analysis on ETHUSD (Strength)
Here are the latest indications given by our Volume Trend Analysis indicator (Available on Trading View under the name Volume Trend Advisor)
Entry was the open of the bar after the last strength indication (462.01) Nearest stall point/target is 468.04. We expect market to stall there. If we get through that area the next target is 471.55. After that for this entry a final target of 475.61 (3%) at which point we likely expect some stalling there and possibly a weakness indication.
The Volume Trend Advisor (The red and green indications on the chart) indicates in real-time and cannot repaint as it uses closed price and volume analysis to determine likely changes in direction/trend. The Green icon = Strength and the Red icon = Weakness. The indicator is available on Trading View and if you have any questions regarding this fairly simple and accurate method of volume analysis, please contact us directly or visit our website at signaltosignal.com to learn more.
Entry was the open of the bar after the last strength indication (462.01) Nearest stall point/target is 468.04. We expect market to stall there. If we get through that area the next target is 471.55. After that for this entry a final target of 475.61 (3%) at which point we likely expect some stalling there and possibly a weakness indication.
The Volume Trend Advisor (The red and green indications on the chart) indicates in real-time and cannot repaint as it uses closed price and volume analysis to determine likely changes in direction/trend. The Green icon = Strength and the Red icon = Weakness. The indicator is available on Trading View and if you have any questions regarding this fairly simple and accurate method of volume analysis, please contact us directly or visit our website at signaltosignal.com to learn more.
Trade closed: target reached:
First stall point hit.
Trade closed: target reached:
All stall points and targets hit.