Hello, Simply said, we can observe a strong High. We can also determine where the strong seller that pushed the market previously is located by using Volume Profile. Let's keep it brief. Best wishes.
Note
Correction I can detect an uptrend and a weak high when I zoom out on the chart 🙂
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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.