There are 2 intraday levels what will be interest me in this week.
Intraday Short 2 levels is based on Volume accumulation = Acumulation Setup
As i said previously in my posts, the big institutions who move and manipulate the market build up their massive trading positions in sideways price action channels ( rotation area in purple rectangle) . This short 2 level is exactly this case....
Intraday Short 1 = Trend Setup
Volume cluster created within a strong downtrend indicates that sellers were adding to their short positions in this volume cluster.
In this level is no need for any sort of confirmation, i enter the trade at the first touch.
Happy trading
Dale
Intraday Short 2 levels is based on Volume accumulation = Acumulation Setup
As i said previously in my posts, the big institutions who move and manipulate the market build up their massive trading positions in sideways price action channels ( rotation area in purple rectangle) . This short 2 level is exactly this case....
Intraday Short 1 = Trend Setup
Volume cluster created within a strong downtrend indicates that sellers were adding to their short positions in this volume cluster.
In this level is no need for any sort of confirmation, i enter the trade at the first touch.
Happy trading
Dale
📗 Volume Profile & Order Flow books (FREE download)
www.volumeprofile.com
www.orderflow.com
📺 Free Volume Profile Webinar
www.trader-dale.com/webinar-how-to-trade-with-volume-profile-in-2022
💬 Have questions?
contact@trader-dale.com
www.volumeprofile.com
www.orderflow.com
📺 Free Volume Profile Webinar
www.trader-dale.com/webinar-how-to-trade-with-volume-profile-in-2022
💬 Have questions?
contact@trader-dale.com