Trader_Dale

AUD/CAD Day Trading Analysis With Volume Profile 📊

OANDA:AUDCAD   Australiensisk dollar/Kanadensisk dollar
On AUD/CAD, it's nice to see a strong buying reaction at the price of 0.89960 .

There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again.

Strong uptrend and high volume cluster are the main reasons for my decision to go long on this trade.


Happy trading

Dale

📗 Volume Profile & Order Flow books (FREE download)
www.volumeprofile.com
www.orderflow.com


đŸ“ș Free Volume Profile Webinar
www.trader-dale.com/webinar-how-to-trade-with-volume-profile-in-2022

💬 Have questions?
contact@trader-dale.com
FrÄnsÀgelse av ansvar

Informationen och publikationerna Àr inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av rÄd eller rekommendationer som tillhandahÄlls eller stöds av TradingView. LÀs mer i AnvÀndarvillkoren.