Possible long trade on Dax low volume recovery.
30min uptrend confirmed by 200EMA
Volume profile POC closing above previous day and leaving low volume cave below.
Market profile showing excess at previous days low and poor high.
Potential for price to fill low volume cave with 2 x previous day high and fib retracement.
Stop loss below cave, target at round number.
Wait for clear trigger to present, either break of counter trend or strong 5min resistance
30min uptrend confirmed by 200EMA
Volume profile POC closing above previous day and leaving low volume cave below.
Market profile showing excess at previous days low and poor high.
Potential for price to fill low volume cave with 2 x previous day high and fib retracement.
Stop loss below cave, target at round number.
Wait for clear trigger to present, either break of counter trend or strong 5min resistance