I started looking back for areas in time where the volume profile specifically looked very similar.
We've kind of got an interesting volume profile going on right now with recently almost all buying volume and a very clean diminishing buying profile followed by a sudden approximately double selling volume from the next most recent candle.
I pulled those fractals I found where the volume profiles looked the most similar and scaled them to fit the most recent moves.
The dates are kinda fuzzy cuz I wasnt paying close attention but the general time frames are there if you want to look.
The yellow fractal seems interesting as once I scaled it to fit the most recent activity its peak hits the channel and its pull back lands almost right on the dotted support line.
Which fractal will it be!
We've kind of got an interesting volume profile going on right now with recently almost all buying volume and a very clean diminishing buying profile followed by a sudden approximately double selling volume from the next most recent candle.
I pulled those fractals I found where the volume profiles looked the most similar and scaled them to fit the most recent moves.
The dates are kinda fuzzy cuz I wasnt paying close attention but the general time frames are there if you want to look.
The yellow fractal seems interesting as once I scaled it to fit the most recent activity its peak hits the channel and its pull back lands almost right on the dotted support line.
Which fractal will it be!