Wyk'f Distribution. Daily trendline downtrend.
Volume profile shows 1830 which could be a new resistance.
It would not be possible to go back above 1830 because there are no orders there, therefore why would price return at all.
Let's discuss.
Volume profile shows 1830 which could be a new resistance.
It would not be possible to go back above 1830 because there are no orders there, therefore why would price return at all.
Let's discuss.
Trade closed: target reached
TP2 - POC on Daily.
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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.