VOLUME SPREAD Technical ANALSIS
GBPUSD
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The daily frame of the candle indicated by the red arrow
Bullish candle, high spread, with volume
It breaks an area overlapping with the daily downtrend
At the level of 1.2500 specifically
(Is this a normal volume candle??)
The next candle indicated by the blue arrow closed
The whole of it is inside the previous candle, and also a weak volume
With very low spreads (double demand).
The third candle indicated by the yellow arrow is a candle
It is bullish with a weak volume, with medium spread that was not broken
I was unable to close over the overlapping display area
At the level of 1.2500 and closed within the range of the candle
The first one with divergence on the volume indicator and the price line
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GBPUSD
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Notice the daily trend has not been broken
At the overlapping region shaded by the red rectangle
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GBPUSD
☆☆☆☆☆☆☆
Four hour frame
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At the same daily level, the price failed to rise
With a strong high volume candle, indicated by the white arrow
It was followed by Ben Bar candle with a weak volume, which closed at the lowest level
level and did not break the daily price level
1.2500 at the candle indicated by the arrow
Red and candle volume weak
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We expect the pair to drop from level 1.
2500
To levels of 1.2300'' 1.2100
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Analysis using volume spread school VSA. analysis
Classic Trends
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Khaled ali
Khaled Ali, from egypt ,the curious mind behind Quill. While AI plays a significant role in the insights we uncover, I believe the human touch is what truly brings information to life