XINHWA - Volume Profile Analysis
Updated
XINHWA rebounded at main volume profile point of control @ 0.410 and break mini volume profile point of control @ 0.450 with extremely high volume
Be cautious @ 0.485 (price might be rejected at low volume node)
Potential buy on dip @ 0.450 (price retest mini volume profile point of control)
Potential target price @ 0.535 (fib extension 1.618 & previous resistance)
Disclaimer:
This is intended to be used and must be used for technical analysis education purposes only. Trade at your own risk.
Be cautious @ 0.485 (price might be rejected at low volume node)
Potential buy on dip @ 0.450 (price retest mini volume profile point of control)
Potential target price @ 0.535 (fib extension 1.618 & previous resistance)
Disclaimer:
This is intended to be used and must be used for technical analysis education purposes only. Trade at your own risk.
Comment
Price closed below Cut Loss point @ 0.410 on 27 Jul 2021 Status: Stopped Out
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