NZD/CAD: Day Trading Analysis With Volume Profile 📊

24 maj 2021
On NZD/CAD is nice to see strong sell-off from the price 0.8676 , there are nice to see strong volume area....

Where is lot of contract accumulated...

I thing that sellers from this area will be defend this short position...

and when the price come back to this area, strong sellers will be push down the market again...

Strong sellers + Downtrend + Support from the past is my mainly reason for this short trade....

I placed in the graph how this trade should be managed correctly..

I moved Take profit to another significant cluster volume ..

Happy trading

Dale