On GBP/JPY is nice to see strong buying reaction from the price 143.2 and 142.55 , there is nice to see strong volume areas....

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 uptrend + Buying activity + Strong volume area are my mainly reason for this long trades....



Happy trading

Dale
EURUSDGBPJPYHarmonic PatternsTrend Analysis

đź“— Volume Profile & Order Flow books (FREE download)
volumeprofile.com
orderflow.com


đź“ş Free Volume Profile Webinar
trader-dale.com/webinar-how-to-trade-with-volume-profile-in-2022

đź’¬ Have questions?
contact@trader-dale.com
Also on:

Related publications

Disclaimer