Tutorial | Lesson 3: What Are Low Volume "Air Pockets"?Welcome to an impromptu Part 3 in the Video Idea Series on using Volume Profile Scripts on TradingView. Thanks to a question/comment from @sandyrindal, today's episode features a sneak peak at the Standing Camel pattern and what to do with the Low Volume Node (aka Air Pocket) between the 2 humps of higher volume.
Lowvolumenodes
FVRR- Profit taking timeFVRR has been outperforming many E-commerce stocks since early Sept. While overall E-commerce group is in red since early Sept crash, FVRR has bucked the trend and posted the double digit growth.
I think early signs of waning momentum are clear and it is a good time to scale back on the aggressive momentum strategy and do some profit-taking.
Resistance coming
price will gravitate towards red box
boxes serve as areas where price will react quickly
Red box seems to have many levels of resistance.