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VOLUME PROFILE TO DETECT PRICE REVERSAL ON GBPCHF

Short
Livre sterling / Franc suisse (FX:GBPCHF)  
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FX:GBPCHF   Livre sterling / Franc suisse
Technical Indicators Volume Supply and Demand POC Supply Zone GBPCHF valuearea short reversal LVN
2
0
indicator volumestudies supplyanddemand poc supplyzone gbpchf valuearea short reversal lvn
In case price approaches the Low Volume Node at 1.20100 with good momentum, a reversal is expected considering that the low volumes will not be supporting the price rally.
Volume profile is drawed in the area where price formed a discending parallel channel.
We have confluence with the value area high that acts as resistance and a supply zone at the same price level.
Let's see how price develops next week

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