This chart shows the balance zone and bell curve that has been created in the volume profile since Jan 18. This week price fell to the 18 month Point of Control and was immediately bought up to the Value Area high, forming a bullish engulfing candle as it did so.
In terms of trading from here, any buying above this level is now buying out of value. Shorting at this level or higher is good value if looking for a responsive move lower, but not without an entry signal. Remember this is a longer term chart and the daily profiles are showing value moving higher every day last week.
The profile also has a positive skew, in that there is much more action above the POC than below. This is people buying at higher prices as they believe that in the longer term they are buying value- bullish overall.
In terms of trading from here, any buying above this level is now buying out of value. Shorting at this level or higher is good value if looking for a responsive move lower, but not without an entry signal. Remember this is a longer term chart and the daily profiles are showing value moving higher every day last week.
The profile also has a positive skew, in that there is much more action above the POC than below. This is people buying at higher prices as they believe that in the longer term they are buying value- bullish overall.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.