Just waiting on a confirmation at this Supply zone
Don't know if the CVD is a good tool for FX to gain some insights in absorption.
Following HTF TA with current negative fundamentals,
- COT Data
- Retail sentiment
- Seasonality
- GDP
- Inflation
- Labour Market
- Interest Rates...
Are all still pointing bearish
If this VA (supply zone) doesn't hold I'm re-trading a higher VA if the fundamentals are still pointing that way
VA (value area), Volume Profile is in my opinion the best tool for market context.
Prove me wrong
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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.