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Volumeindicator

USD/JPY : Volume Profile 📊 and Price Action Analysis 📋Hello guys, today I would like to have a closer look at the USD/JPY. For the last couple of days this pair has been in a strong uptrend. I am always interested in trading trending pairs and I always want to jump in the trend and participate in it. However, I don’t just jump into the trend without any thought. I always wait for a pullback. A pullback to heavy volume area. Why heavy volume area? Because those represent strong Support and Resistance zones. In this case, strong institutional Buyers are pushing the USD/JPY upwards aggressively. Volume Profile Analysis What my Volume Profile indicator is telling me is that those Buyers were adding to their Longs around 111.01. As you can see in the picture below, this is the area where the Volume Profile is wide = heavy volumes were traded there. Because the uptrend continued from here, we can assume, that Buyers were adding to their Longs there (in the heavy volume area starting around 111.01) The heavy volume zone starting at 111.01 is an important area now. The reason is that strong institutional Buyers were adding to their Long positions there – they are clearly interested in this zone. They would not want to let the price go past it. Not without a fight. This is the reason I think, that when there is a pullback to 111.01 those strong Buyers will want to defend this zone and this should make it a strong day trading Support. The setup I used here is called the “Volume Profile: Trend Setup“. I hope you guys liked my analysis! Let me know what you think in the comments below! Happy trading, -Dale
by Trader_Dale
1
NZD/JPY: Day Trading Analysis With Volume Profile 📊 On NZD/JPY is nice to see strong buying reaction from the price 76.53 , there is nice to see strong volume area.... Where is lot of contract accumulated... I thing that buyers from this area will be defend this long position... and when the price come back to this area, strong buyers will be push up the market again... Strong rejection of lower proces + Strong buying activity + Strong volume area is my mainly reason for this long trade.... Happy trading Dale
by Trader_Dale
2
CAD/CHF Volume Profile 📊 and Price action analysis 📋On CAD/CHF is nice to see strong buying reaction from the price 0.7310 , there is nice to see strong volume area.... Where is lot of contract accumulated... I thing that buyers from this area will be defend this long position... and when the price come back to this area, strong buyers will be push up the market again... Resistance from the past + Strong buying activity + Strong volume area is my mainly reason for this long trade.... Happy trading Dale
by Trader_Dale
AUD/JPY continue with the Uptrend ☝️Hello guys, today, I would like to have a closer look at the AUD/JPY. It seems, there has been a change in the trend. From a downtrend to an uptrend. What happened at the lowest breaking point where the trend changed? There was a rotation with heavy volumes accumulated there. You can see those volumes nicely with my Volume Profile indicator. What do those volumes tell us? They tell us that in this place, strong institutional Buyers were absorbing all the selling pressure, and buying everything the Sellers had to sell. The Buyers were accumulating their Long trades there. After they entered their huge trading positions they pushed the price into the new uptrend. Now it’s Buyers who is in control and who is pushing the price upwards. Support at 79.05 What happens when the price returns back into the heavy volume area – the area where those strong Buyers were placing most of their Longs? Those Buyers will most likely want to defend this place as it is important for them (they placed a lot of their trades there). So, if the price makes it back to the heavy volume zone around 79.05, then it is likely that those Buyers will use aggressive Market Orders to manipulate the price to go upwards again. That’s how they will defend this zone. What if those Buyers won’t actively defend this zone anymore? Then there is still a chance this Support will work. The reason is that the BIG guys ( trading institutions ) know that this was an important volume-based zone and they will be afraid to try and push through. It would be risky for them to risk a potential fight with strong Buyers. They rather quit their Short trades if the price comes close to this Support area around 79.05. Those are the two reasons I think the zone around 79.05 will work as a strong Support. I hope you guys liked my analysis! Let me know what you think in the comments below! Happy trading, -Dale
by Trader_Dale
EUR/CHF : Volume Profile 📊 and Price Action Analysis 📋Hello guys, today, I am going to talk about EUR/CHF. The thing that caught my eye was a tight price channel/rotation from which a strong sell-off started. What usually happens in such rotation is that BIG institutional traders are building up their huge trading positions. They do it in a rotation so they are not recognized and their intentions stay hidden. What those BIG guys do next is they start a trend. This is where their trades start making money. In this case, it was a downtrend (a sell-off). This tells us that the BIG guys who were building up their trading positions were strong Sellers. You can see those big trading positions using my Volume Profile indicator. It nicely reveals the institutional trading activity within the rotation area. What the Volume Profile Tells Us? What we have now is this information: There were strong institutional Sellers building up their Shorts in a heavy volume area starting around 1.0876. This is an useful piece of information we can work with. When the price makes it back into this heavy volume area, then those strong Sellers will most likely want to defend this zone. It is clearly important for them because they placed a lot of their Short trades there. Also, potential Buyers will be aware of this heavy volume zone and would not want to risk a possible fight with strong institutional Sellers there (around 1.0876). So, what they will do when the price reaches the 1.0876 area? They will start quitting their Long trades. To quit a Long trade, they will need to Sell, and a Market Sell Order will help to push the price downwards again. Both these factors (Sellers defending, and Buyers getting rid of Longs) should work together around the 1.0876 area and make this zone a strong Resistance. The Volume Profile setup I used here is called the “Volume Accumulation Setup“. I hope you guys liked my analysis! Let me know what you think in the comments below! Happy trading, -Dale
by Trader_Dale
2
NZD/CHF: Volume Profile 📊 and Price Action Analysis 📋Hello guys, today I would like to share my thoughts on NZD/CHF from the longer time frame perspective. So, today’s analysis will be a “ swing ” trade analysis and I will be using a Daily time frame. What I found interesting about the NZD/CHF was a very sharp price reversal. There was a strong sell-off lasting 6 days, but then the price has suddenly turned and there was a strong buying activity. The price was rising for 11 consecutive days which is quite a lot! What I am interested in the most is the place where the price turned (reversed) from sell-off into the buying rally. Volume Profile Analysis I used my Volume Profile indicator to look into the whole rejection area to see how volumes were distributed there. What I was looking for was an important volume zone somewhere around the place where the price reversed. As you can see from the picture above, I found that zone (blue rectangle). This is the most important place in the “rejection”. The reason is that it is very close to that place where the price reversed, and also that heavy volumes were traded there. What do those volumes mean though? They point to the place where the Sellers fought the Buyers. It is the place where the aggressive Buyers placed most of their Long positions. This is the most important area for those Buyers. It’s not the swing low – as many beginner traders often think. It is the area where the buyers placed most of their volumes! NZD/CHF; 0.6282 Support When the price makes it back into this area again (starting around 0.6282), then those strong buyers will most likely defend this place again. It is clearly important for them as they were aggressively defending it in the past. That’s why I expect this zone to work as a strong swing trading Support. The Volume Profile setup I used here is called the “ Rejection Setup “. If you would like to learn more about Swing trading, then you can watch my FREE webinar. I hope you guys liked my analysis! Let me know what you think in the comments below! Happy trading, -Dale
by Trader_Dale
NZD/USD: Day Trading Analysis With Volume Profile 📊 On NZD/USD is nice to see strong sell-off from the price 0.70670 , there are nice to see strong volume area.... Where is lot of contract accumulated... I thing that sellers from this area will be defend this short position... and when the price come back to this area, strong sellers will be push down the market again... Strong S/R zone from the past + Strong Downtrend + Strong volume area is my mainly reason for this short trade.... Happy trading Dale
by Trader_Dale
EUR/JPY : Volume Profile 📊 and Price Action Analysis 📋Hello guys, today I would like to talk about a newly formed Resistance on EUR/JPY. What happened on EUR/JPY yesterday was that there was a tight price channel (a rotation), then a breakout and a sell-off. This is a typical sign of strong and aggressive Sellers. Volume Profile Analysis First, those BIG institutional traders (Sellers) were building up their Short positions in the rotation area (marked in a blue rectangle). You can see those heavy volumes nicely with my Volume Profile tool. Then, after they have entered their Short trades, they pushed (manipulated) the price to go downwards – into the sell-off. It was the sell-off that gave us the information that it were Sellers building up their Shorts in the rotation. If there wasn’t a sell-off, then it would be very hard (impossible even) to tell who was accumulating those heavy volumes within the rotation. Its always the trend that reveals the intentions of the BIG guys. Resistance at 130.00 So, now we know that strong institutional Sellers were building up their Shorts in a rotation area starting around 130.00. This is a valuable piece of information which we can work with. When the price makes a pullback into this heavy volume area again, then those Sellers will most likely want to defend it. This area is important for them. They placed a lot of their trades there. How will they defend it? They will try and push the price downwards again. They will do it using aggressive Market Orders. Those are often used to manipulate the price. Strong institutional Sellers defending the 130.00 should make it a strong Resistance. The Volume Profile setup I used here is called the “ Volume Accumulation Setup “. I hope you guys liked my analysis! Let me know what you think in the comments below! Happy trading, -Dale
by Trader_Dale
EUR/AUD : Volume Profile 📊 and Price Action Analysis 📋Hello guys, today I would like to have a closer look at the EUR/AUD. Rotation And A Trend If you look at simple Price Action then you can see there was a price channel starting 7th September and lasting until today. What happened in today’s Asian session was that the price broke out of this channel. It seems a new uptrend has started. Before almost every new trend, there is always a rotation or a price channel. Why? Because the BIG trading institutions who move and manipulate the markets have insane amounts of money which they need to allocate before the trend starts. They enter their trading positions slowly and unnoticed in rotation zones – just like the one on EUR/AUD. Volume Profile Analysis Let’s now have a look at the picture below. What does it tell us? There was a rotation with heavy volumes accumulated there (BIG trading positions being entered). You can see that if you use my Volume Profile tool. Then, a new uptrend started. This indicates that strong institutional Buyers were building up their Long positions inside the rotation and then manipulating the price into the new trend. Now, we know that there were strong Buyers in that rotation. It is pretty likely that those Buyers will want to defend the place where they were entering their Longs before.This place was clearly important for them. This is why I think that the zone starting around 1.6039 will work as a strong day trading Support. The Volume Profile setup I used here is called the “Volume Accumulation Setup“ Weekly Point Of Control (POC) If you look at the picture again, you can see that the heavy volume area was actually a Weekly Point Of Control (POC). This means the heaviest Volumes throughout the previous (and this) week were traded there. Volume-wise, this is the most important area in the whole chart right now. I hope you guys liked my analysis! Let me know what you think in the comments below! Happy trading, -Dale
by Trader_Dale
NZD/JPY: Day Trading Analysis With Volume Profile 📊 On NZD/JPY is nice to see strong sell-off from the price 1.27193 , there are nice to see strong volume area.... Where is lot of contract accumulated... I thing that sellers from this area will be defend this short position... and when the price come back to this area, strong sellers will be push down the market again... Rejection of higher prices + Strong Downtrend + Strong volume area is my mainly reason for this short trade.... Happy trading Dale
by Trader_Dale
1
USD/JPY continue with the Uptrend ☝️On USD/JPY is nice to see strong buying reaction from the price 109.970 , there is nice to see strong volume area.... Where is lot of contract accumulated... I thing that buyers from this area will be defend this long position... and when the price come back to this area, strong buyers will be push up the market again... Resistance from the past + Strong buying activity + Strong volume area is my mainly reason for this long trade.... Happy trading Dale
by Trader_Dale
2
Bitcoin BTCUSDT - HUGE channel + Nobody is talking about!- On the chart we can spot a massive ascending channel, nobody is talking about! - We have 5 touches (2 TOP, 3 BOTTOM). - Our profit target is top of the channel, which can be around 56 000 USD. - There is a probability, that we break this channel to the upside, which will lead into a massive bull run! - 0.382 FIB acts as a great support together with the channel. - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓ - If you want to see more of these ideas, hit "Like" & "Follow"!
Long
by UnknownUnicorn2537518
7
Cardano ADAUSD - Road to 30 USD! Elliott Wave + 1000% gains!- Cardano is currently breaking out to new ALL TIME HIGHS! - On the chart we can spot a Symmetrical triangle - The price is creating higher lows and lower highs. - Also, the price is above the ALL TIME HIGH level from 2018, which is very bullish. - We will experience an acceleration to the upside in a few days! - Profit target is 0.618 FIB extension, which is around 30 USD - 1000%. - Cardano made a huge rounding bottom or cup and handle on the weekly time frame. - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓ - Due to my Elliott wave count, we are currently at the 5th impulse elliott wave! - If you want to see more of these ideas, hit "Like" & "Follow"!
KRAKEN:ADAUSDLong
by UnknownUnicorn2537518
19
Dock DOCKUSDT - Inverse Head and shoulders pattern!- On the chart we can spot and inverse head and shoulders pattern, which is very bullish (continuation pattern)! - The price is currently breaking out of the Head and Shoulders pattern! - Target is top of the trendline or 1.618 FIB - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓ - If you want to see more of these ideas, hit "Like" & "Follow"!
DLong
by UnknownUnicorn2537518
9
CAD/JPY Volume Profile 📊 and Price action analysis 📋Hello guys, today, I would like to have a closer look at the CAD/JPY. There has been quite a strong sell-off in the Asian session today. Such sell-off indicates strong and aggressive institutional Sellers manipulating the price downwards. If you use my Flexible Volume Profile on the CAD/JPY chart, then you will see, that there were massive volumes accumulated around 86.76. This is also the place where the strong sell-off started. It appears, that strong institutional Sellers were building up their Short positions in that rotation around 86.76 and then they manipulated the price downwards. Now we know, that there were strong Sellers around 86.76 and that they placed a lot of their Short positions there. When the price makes a pullback into this area again, then it should work as a strong Resistance. The reason is that the strong Sellers should defend this zone as it is important for them. Why? Because they placed a lot of their shorts there before. They will defend it by placing aggressive Market Orders in order to push the price downwards from this place again. This is what will make the zone around 86.76 a strong day-trading Resistance. The setup i used here is called the “ Volume Profile: Accumulation Setup ”. Weekly Point Of Control (POC) A nice addition to this, is that the zone around 86.76 is also the Weekly Point Of Control (POC). This means that the heaviest volumes throughout the current week have been traded there. Weekly POC is by itself a very strong zone the market reacts to. Here, it also adds strength to our 86.76 Resistance. I hope you guys liked my analysis! Let me know what you think in the comments below! Happy trading, -Dale
by Trader_Dale
1
Hifi Finance MFTUSDT - Bull flag, MASSIVE wedge +2000% gains!- Hifi (formerly Mainframe) - Rank #333 - is a Lending Protocol that allows anyone to borrow against their crypto. - On the chart we can see a wedge and a bull flag, which is very bullish! - Profit target is top of the wedge for massive gains. - Bullish volume is higher than bearish at this moment. - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓ - If you want to see more of these ideas, hit "Like" & "Follow"!
MLong
by UnknownUnicorn2537518
8
Stacks STXUSDT - Head and shoulders + NEW ATH + 600%!- STX is forming an inverse head and shoulders pattern on the daily candles, which is a bullish reversal pattern. - Volume favors bulls, as there is not any selling pressure. - All time high resistance 2.85 can act as a resistance. - The price is above a trendline from 2020. - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓ - If you want to see more of these ideas, hit "Like" & "Follow"!
Long
by UnknownUnicorn2537518
5
Waves WAVESUSDT - Major Millennium Ascending Channel!- WAVES Rank #53, Volume 24h $171,458,661. - On the weekly chart we can see an major ascending channel (9 touches up/down total)! - But waves is very bullish and holding 20 weekly moving average. - Next target is 0.618 trend-based FIB extension. - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓ - If you want to see more of these ideas, hit "Like" & "Follow"!
WLong
by UnknownUnicorn2537518
1
Audius AUDIOUSD - Head and Shoulders + Strong coin! NEW ATH- Audius - AUDIO Rank #221, Volume 24h $23,243,503. - The price is forming an head and shoudlers pattern on the daily chart! - Currently the price is above the 200 Moving average! - ALL TIME HIGH resistance is the first target, but i belieave we can do much more. - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓ - If you want to see more of these ideas, hit "Like" & "Follow"!
Long
by UnknownUnicorn2537518
18