Trader Dale Volume Profile

Volume Profile
Volume Setup #3: Rejection Setup
This setup is based on finding a very strong rejection of either higher or lower prices and applying
Flexible Volume Profile to it.
The key to trading this setup successfully is in identifying the strong rejection in the chart.
Sometimes, the strong rejection looks like a strong pinbar created at a swing point, but
sometimes, it is not so clear, and there are another candle patterns. I don't care what candle
pattern there is because usually, the pattern changes with the timeframe (and I don't like being
bound by a timeframe). What matters the most is that the rejection is strong and that the
aggressiveness within it is evident.
In a long trade scenario, I look for selling activity followed by sudden price reversal and a
consequent strong buying activity. For example like this:
In a short trade scenario, I look for a buying activity followed by sudden price reversal and a
consequent strong selling activity. For example like this:
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