Volume Profile on NZDCAD
Uppdaterad
We start by drawing a volume profile on the bullish trend. It gives us high volume nodes which could potentially act as support levels, should price drop.
I take the POC level (red line) with my usual risk percentage(1%), and the first area of support with half of my normal risk provided that factors are in place upon entering the position.
I take the POC level (red line) with my usual risk percentage(1%), and the first area of support with half of my normal risk provided that factors are in place upon entering the position.
Kommentera
First area of our volume profile got tested and it worked so great.
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