Power of VA´s When trading the Value areas, knowing the direction of the price is equal important as where is the volume been stacked...
In the following image as we can observe, the developing VAH was broken to the upside the prices supported it self in a HVN (High Volume Node) and at this point the price let know that there was no intention to bring prices down, on the contrary it wanted to test prior swing high and also the 127% Fib extension.
JD
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EURUSD long magnet zone You can see strong side way price action after trend up... There was a volume accumulation area from which strong buying activity started. For that reason I think that the volumes accumulated in this area were volumes of strong buyers. I waited for pullback to this area. When market go back to this area strong buyers will be defend their positions. I think EURUSD 0.15% is ready for correction higher. Because we are in the strongest Volume accumulation of THE LAST YEAR!! This is second reason why i want search long position too.
ADA / Bitcoin strong magnet S/R zoneStrong volume cluster is perfect magnet for the market... This is reason why i still wait for attack one of this magnet level for the pullback. Price 0.000022 is so important level for continue uptrend. Therefore do not overlook this level and watch reaction on this STRONG MAGNETO LEVEL!!
BY THE WAY : On side way price action and acumulation zone was excelent oportunity go short at price 0.00002931 ( red line )