FX, futures and crypto has a different volume profile. The lowest volume of the day is not located at the session divider. The low point is located more mid-day. Its still just as easy to identify.
There are crests and troughs in a wave. We need to find the trough or the lowest point. For APPL its mid day.
Note where the ovals are drawn and the associated volume. This is Phase B. It happens just about every day.
This can be exploited when used in combination with our other TA tools. This low point is very predictable and can help you improve your intraday win rate if understood.
Trade at your own risk.
There are crests and troughs in a wave. We need to find the trough or the lowest point. For APPL its mid day.
Note where the ovals are drawn and the associated volume. This is Phase B. It happens just about every day.
This can be exploited when used in combination with our other TA tools. This low point is very predictable and can help you improve your intraday win rate if understood.
Trade at your own risk.