Experienced stock market traders often attempt to apply their battle-tested systems to forex trading. They often suffer the same setbacks as aspiring forex traders when they do so. Why is this? What makes the forex market so different from stocks, bonds, or indices?
One key difference is that the forex market trades continuously, 24 hours a day, five days a week....
Bitcoin had a huge drop and have taken all naked (virgin) POCs, bouncing each time on them, the last one was a perfect bounce on the last naked POC.
this align with the retest of this big channel
and is a 0.618 bounce from the low to the high
the bounce is on R1 monthly pivot too
bitcoin has made a higher high on hourly
and there is a td9 buy signal on hourly...
What is Volume Profile???
Volume Profile is an indicator that shows us the amount of traded asset at a certain price level. It shows the data we needed as a histogram in Y-axis next to the price levels.
Difference between Volume Indicator and Volume Profile???
There are two major differences in these important indicator.
As we spoked, Volume Profile is defined...
