📊 What is the the sound Profile personly?
the profile size is the real deal the sound . Unlike the usual vertical sizes that show quantity the sound Trading for a certain period of time, horizontally the sound Offers the sound Trade above a certain price range.
the profile size Two components:
🔥 Value area (yellow areas) which is the biggest price resistance/support. There can be many ranges of values, but the largest ranges of values are called HVN or high amount Contract.
The liquidity gap (white area) is the area of the lowest low the sound trade. The price usually “cuts” through these areas very quickly.
📊how to use the sound Profile personly?
I want to show you how it works. If we want to understand the next price movement, we must identify the areas of greatest value. So you see the main areas of liquidity (value) and wait for the price to test them:
1. If the price breaks the value range and tests it as supportCan you enter a trade because the bulls are strong and the price has to go up.
The clear business example of how to use HVN (value range) As a support (+ 20% of freedom of movement).
2. If the price is testing it as resistanceThis means that the bears are stronger and the bulls do not have enough strength to push the price higher.
The clear business example of how to use HVN (value range) As resistance (+26% freedom of movement).
So the value ranges or HVN It is a stopping point in the path of price movements in one direction or another. You had better determine where the price will go after testing this HVN (value range), you will be more profitable.
🚩 Using this approach on lower timeframes can get you more trades. This is ideal if you are an intraday or swing trader.
Experiment with using horizontal sizes for yourself, and in the following ideas I will tell you how I and other advanced traders use them.
✅ So this approach has a win rate of 50-70%, but if you want to increase it, you need to use additional filters.
I personally use DOM and footprint To locate orders for whales and buy cryptocurrency with the big players. These indicators can easily add 25-35% to your profit rate. I make many video tutorials and articles about them, so have fun and earn money.
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Note: I personally make an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.