Euro / Australian DollarEducation
Volume Profile Basic Shapes (B-Shaped Profile) #3-#4
B- Shaped Profile (See Chart)
Looks like a letter "B"
Sign of strong sellers
Sellers pushing price downwards and creating new price balance on lower prices.
B- profiles usually within downtrend
B- profile after an uptrend= end of the trend (or a temporary end)
Looks like a letter "B"
Sign of strong sellers
Sellers pushing price downwards and creating new price balance on lower prices.
B- profiles usually within downtrend
B- profile after an uptrend= end of the trend (or a temporary end)
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.
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.