RajDhall

Glencore a prime example of volume profile strength

LSE:GLEN   GLENCORE PLC ORD USD0.01
I wanted to use this chart as an example of how useful market profile is!

Just below the 340 area you can see the main value area on the volume profile indicator.

In conjunction with the candle action you can see that area was rejected with some power.

Once the candle high was broken the approach to new highs was made.

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