How To Use Volume Profile Tool For Massive Gains! 99% Returns
Disclaimer: Not Financial Advice
Using The Volume Profile as a tool for my Nava Imbalance Strategy, I have made 99% ROI time and time again!
1. How I Use Volume Profile Tool
(From Last Major Swing To Present)
Blue Lines = Immediate Support/Resistance (Range)
- Best entry ZONES, Area to WAIT for BUY SETUPS
- Best to wait for price to pass sup/res lines and on the way back enter or wait for a retest.
Light Blue = MAGNET LINE
(Shows which side the pressure is pointing to)
- Price will always come back to the magnet line
- IF magnet line is getting closer to one side of the range, Its early indication of direction.
- Note, price WILL fakeout to the opposing side blue line before moving hard to direction of early indication to give you best possible entry!
WARNING: Volume Tool CHANGES. Long term not so much but still keep in mind.
2. Magnet Line is closer to bottom of range =
Bearish Pressure
3. Pressure builds up within the magnet and support zone
until price breaks out to retest opposing blue line resistance first.
4. BEST POSSIBLE SHORT ENTRY
Retest here usually results
in a Fakeout. Look for ENTRY SETUPS
5. ENTRY SETUPS
Double Top/bottom, Head & Shoulders, rsi/macd oversold/overbought, etc.
6. FOR BEST RESULTS (80% Profitable)
Use Volume Profile Tool with Nava Imbalance Strategy
(View JOKESTV Tradingview)
Using The Volume Profile as a tool for my Nava Imbalance Strategy, I have made 99% ROI time and time again!
1. How I Use Volume Profile Tool
(From Last Major Swing To Present)
Blue Lines = Immediate Support/Resistance (Range)
- Best entry ZONES, Area to WAIT for BUY SETUPS
- Best to wait for price to pass sup/res lines and on the way back enter or wait for a retest.
Light Blue = MAGNET LINE
(Shows which side the pressure is pointing to)
- Price will always come back to the magnet line
- IF magnet line is getting closer to one side of the range, Its early indication of direction.
- Note, price WILL fakeout to the opposing side blue line before moving hard to direction of early indication to give you best possible entry!
WARNING: Volume Tool CHANGES. Long term not so much but still keep in mind.
2. Magnet Line is closer to bottom of range =
Bearish Pressure
3. Pressure builds up within the magnet and support zone
until price breaks out to retest opposing blue line resistance first.
4. BEST POSSIBLE SHORT ENTRY
Retest here usually results
in a Fakeout. Look for ENTRY SETUPS
5. ENTRY SETUPS
Double Top/bottom, Head & Shoulders, rsi/macd oversold/overbought, etc.
6. FOR BEST RESULTS (80% Profitable)
Use Volume Profile Tool with Nava Imbalance Strategy
(View JOKESTV Tradingview)
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.