AUDJPY - Reversal with VOLUME PROFILE

30 сент. 2020 г.

Price has approached a Low Volume node with decent momentum, the low volume will not support the price rally, a reversal is expected to the down side.
Target will be the demand zone below, considering that we have great liquidity just above the demand zone, that would enable big institutions to push the price higher from that point on.

30 сент. 2020 г.

Заметка

Going down to 15 min timeframe, regular RSI divergence can be spotted,
confirming the hypothesis of a reversal to the south

1 окт. 2020 г.

Заметка

Moving stop loss to 76.336 as the price might reverse from the supply zone just above.
Still having a great risk to reward ratio