NZD/USD: Day Trading Analysis With Volume Profile

On NZD/USD is nice to see strong buying reaction from the price 0.60800 , there is nice to see strong volume area....

Where is lot of contract accumulated...

I thing that buyers from this area will be defend this long position...

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

S/R zone from the past + Downtrend + Strong volume area is my mainly reason for this long trade....



Happy trading

Dale

Penafian