USD/CAD: Volume Profile đź“Š Analysis
After sell-off is in the move down significant volume clusters.
First Significant Volume cluster is around price level 1.3012 where i plan take short trade...
There is lot of contract accumulated...
I thing that sellers from this area will be defend this short position...
and when the price come back to this area, strong sellers will be push down the market again...
Strong sellers + Sell-off + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
First Significant Volume cluster is around price level 1.3012 where i plan take short trade...
There is lot of contract accumulated...
I thing that sellers from this area will be defend this short position...
and when the price come back to this area, strong sellers will be push down the market again...
Strong sellers + Sell-off + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
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