In days previous, the 4678 to 4682 area was thinly traded on the way up, creating Low Volume Node (LVN). After today's action, we can see that the price is resting just above today's HVN around 4680.
Regions that transition from an LVN to an HVN, tend to become good support and a potential place to enter a long.
Regions that transition from an LVN to an HVN, tend to become good support and a potential place to enter a long.
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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.