Trader Dale Volume Profile

Market analysis from A to Z
In the picture, you can clearly see a really strong downtrend. Because this was a swing trade, I
entered the long position despite it was a counter-trend trade.
When creating swing levels and planning long-term investments you only do the Price Action
analysis and Volume Profile analysis. You do it exactly the same way as in intraday trading
analysis, except you use higher timeframes. You can also use the “Confirmation strategies“:
Support becoming resistance (and vice versa)
Open-drive
AB=CD
With swing trades and long-term investments you also need to take the weak high/low and failed
auctions into consideration. Look for these on a higher timeframe (240-minute or Daily for swings
trades, Weekly or Monthly charts for long-term investments).
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