Panjang
BCDUSD Volume Analysis Prediction 9/19/2018
A new balance was formed with the range 1.70-1.91
While the price is inside the balance,
it is necessary to trade only from the borders.
At the moment the price is at the bottom of the balance.
We expect a rebound from this area with a target on other side of the balance - 1.90-1.91.
But, if the price will breakdown 1.70 we will see a price fall to 1.6035.
In any case, we must proceed from the facts.
There is a fact - there is action. There is no fact - there is no action.
Glossary of terms
While the price is inside the balance,
it is necessary to trade only from the borders.
At the moment the price is at the bottom of the balance.
We expect a rebound from this area with a target on other side of the balance - 1.90-1.91.
But, if the price will breakdown 1.70 we will see a price fall to 1.6035.
In any case, we must proceed from the facts.
There is a fact - there is action. There is no fact - there is no action.
Glossary of terms
- Point of Control (P O C) – The price level for the time period with the highest traded volume .
- Value Area (V A) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion.
- Balance - Accumulation Area.
- F L - flat level.
- T L - trend level.
- Fixing (fix, culmination) - reverse price reaction then the markets stops i'ts movement for a short time. The trend stops when it passes through 1-3 fixing movement.
Dagangan ditutup: sasaran tercapai
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.