in a possible further move down we might find a liquidity zone. the marked zone serves as a reference. possible long setups can be sought and entered below the current low with an appropriate reaction. confirmation of this can be obtained from the footprint and/or DOM.
-> the marked price ranges were drawn from the daily chart via the volume profile and represent relevant edges
-> the marked price ranges were drawn from the daily chart via the volume profile and represent relevant edges
Note
is going according to plan.
Trade active
as expected, we have reached our liquidity zone. further developments can be observed. long setups taking into account appropriate risk management can be soughtNote
Note
Note
potential development over the volume edgesNote
low volume area handled cleanly. In the further course we want to see a clean break of the 19300 (B - Profile, 11/8/2022)
Note
Due to the most recent events, the analysis had to be adjusted again. 2 scenarios can arise.
Note
volume formation must be observed
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.