NZD/JPY: Day Trading Analysis With Volume Profile 📊

On NZD/JPY is nice to see strong buying reaction from the price 74.49 , there is nice to see strong volume areas....

Where is lot of contract accumulated...

I thing that buyers from this area will be defend this long position...

and when the price come back to this area, strong buyers will be push up the market again...

Resistance from the past + Uptrend + Buying activity + Strong volume area is my mainly reason for this long trade....



Happy trading

Dale