ATAS - Platform for Analyzing Exchange Volumes
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Learn to see the real reasons for pricing in the market!

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Footprint ะ attern #2

Large volumes in the bars have already signaled a weak buyer, but we need confirmation to enter the trade:

โœ”๏ธ To do this, we will select the touch zone at the level of high volumes.
โœ”๏ธ This zone has candles inside which we will look for the smallest volumes at the edges of the bars (which will vary for each instrument).
โ˜๏ธ If the minimum volume is at the top, it signals a weak buyer; if at the bottom, a weak seller. In our case, it is a weak buyer.

One more tip - wait for a reversal candle before opening the position. Simply put, wait for the color to change to green ๐ŸŸข or red, as shown here ๐Ÿ”ด

#trading #tradingsetup #tradingpattern #footprint #volume_analysis
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