Technical Breakdown on US 100 Cash CFD (1H) using Volume Profile, Gann, and CVD + ADX
1. Key Observations (Volume, Gann & CVD + ADX Focused)
a) Volume Profile Insights:
Value Area High (VAH): 20,500
Value Area Low (VAL): 20,000 (approx. based on volume shading)
Point of Control (POC): 20,062.08
High-volume nodes: Dense around 20,050–20,100 – indicative of value acceptance.
Low-volume gaps: Sharp price movement through 20,150–20,250 – price could revisit here swiftly.
b) Liquidity Zones:
Stop Cluster Zones:
Order Absorption Zones:
c) Volume-Based Swing Highs/Lows:
Swing High Volume Spike: Near 20,500 – rejection occurred with CVD flattening.
Swing Low Volume Spike: 20,000 – strong reversal point, indicates buyer interest.
d) CVD + ADX Indicator Analysis:
Trend Direction: Uptrend currently, but potential divergence forming.
ADX Strength:
CVD Confirmation:
2. Support & Resistance Levels
a) Volume-Based Levels:
Support:
Resistance:
b) Gann-Based Levels:
Recent Confirmed High: 20,506
Recent Confirmed Low: 20,000
Retracements:
3. Chart Patterns & Market Structure
a) Trend: Short-term Bullish, but with early signs of divergence (based on projected price/CVD path)
Confirmed by breakout above POC with rising CVD initially.
b) Notable Patterns:
Ascending Channel Breakout: Strong push above upper boundary on momentum.
Volume Gap Fill Potential: Price may return to 20,250 or lower on exhaustion.
POC Retest Scenario: High probability of price testing 20,062 if strength fades.
4. Trade Setup & Risk Management
a) Bullish Entry (If uptrend sustains):
Entry Zone: 20,250–20,300 (channel midpoint or pullback after breakout)
Targets:
Stop-Loss (SL): 20,150 (below volume gap midpoint)
RR: Minimum 1:2
b) Bearish Entry (If divergence confirms):
Entry Zone: 20,500–20,525 (fakeout/stop hunt zone)
Target:
Stop-Loss (SL): 20,600
RR: Minimum 1:2
c) Position Sizing: Risk 1–2% of capital per trade.
1. Key Observations (Volume, Gann & CVD + ADX Focused)
a) Volume Profile Insights:
Value Area High (VAH): 20,500
Value Area Low (VAL): 20,000 (approx. based on volume shading)
Point of Control (POC): 20,062.08
High-volume nodes: Dense around 20,050–20,100 – indicative of value acceptance.
Low-volume gaps: Sharp price movement through 20,150–20,250 – price could revisit here swiftly.
b) Liquidity Zones:
Stop Cluster Zones:
Order Absorption Zones:
c) Volume-Based Swing Highs/Lows:
Swing High Volume Spike: Near 20,500 – rejection occurred with CVD flattening.
Swing Low Volume Spike: 20,000 – strong reversal point, indicates buyer interest.
d) CVD + ADX Indicator Analysis:
Trend Direction: Uptrend currently, but potential divergence forming.
ADX Strength:
CVD Confirmation:
2. Support & Resistance Levels
a) Volume-Based Levels:
Support:
Resistance:
b) Gann-Based Levels:
Recent Confirmed High: 20,506
Recent Confirmed Low: 20,000
Retracements:
3. Chart Patterns & Market Structure
a) Trend: Short-term Bullish, but with early signs of divergence (based on projected price/CVD path)
Confirmed by breakout above POC with rising CVD initially.
b) Notable Patterns:
Ascending Channel Breakout: Strong push above upper boundary on momentum.
Volume Gap Fill Potential: Price may return to 20,250 or lower on exhaustion.
POC Retest Scenario: High probability of price testing 20,062 if strength fades.
4. Trade Setup & Risk Management
a) Bullish Entry (If uptrend sustains):
Entry Zone: 20,250–20,300 (channel midpoint or pullback after breakout)
Targets:
Stop-Loss (SL): 20,150 (below volume gap midpoint)
RR: Minimum 1:2
b) Bearish Entry (If divergence confirms):
Entry Zone: 20,500–20,525 (fakeout/stop hunt zone)
Target:
Stop-Loss (SL): 20,600
RR: Minimum 1:2
c) Position Sizing: Risk 1–2% of capital per trade.
Bharat Pandya @ProspireWealth
+91 9624044866
pandyabn76@gmail.com
+91 9624044866
pandyabn76@gmail.com
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.
Bharat Pandya @ProspireWealth
+91 9624044866
pandyabn76@gmail.com
+91 9624044866
pandyabn76@gmail.com
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.