This is a volume profile drawn across the span from bottom in March to peak on September 2nd. It shows why the current support area needs to be held. If we break through that support area, there will be another step down without volume to hold the price up.
History is important to learn. Go back to previous corrections and use the Fixed Volume Profile tool to draw from bottom to top of an uptrend before a correction. You can find these patterns supported by volume in many places.
The opposite is true too, you can find resistance gaps that can be a good buy signal in an uptrend as well. Apply the same technique to equities.
History is important to learn. Go back to previous corrections and use the Fixed Volume Profile tool to draw from bottom to top of an uptrend before a correction. You can find these patterns supported by volume in many places.
The opposite is true too, you can find resistance gaps that can be a good buy signal in an uptrend as well. Apply the same technique to equities.
Website: drewby.com
Twitter: twitter.com/drewrobbins
All ideas are for information purposes only. I may or may not invest in the stocks discussed. Before investing in any stock, do your research and trade using your rules.
Twitter: twitter.com/drewrobbins
All ideas are for information purposes only. I may or may not invest in the stocks discussed. Before investing in any stock, do your research and trade using your rules.
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Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Website: drewby.com
Twitter: twitter.com/drewrobbins
All ideas are for information purposes only. I may or may not invest in the stocks discussed. Before investing in any stock, do your research and trade using your rules.
Twitter: twitter.com/drewrobbins
All ideas are for information purposes only. I may or may not invest in the stocks discussed. Before investing in any stock, do your research and trade using your rules.
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.