@kevinwilson64 on BTCUSD | PriceONN Community
Hey guys, I've been messing around with volume profile lately, trying to get a better handle on order flow. Anyone have a good resource they'd recommend for learning more about it? Specifically, I'm trying to figure out how to best use the value area high and low in my BTCUSD trading. Any tips would be appreciated!
Replies
@kevinwilson64 Volume profile is great! Check out Anatoly Crpto on YT. He has some good vids on using volume profile with FVG's. It's helped me a lot in identifying potential entry points on BTCUSD. Also, understanding the context of where the volume is concentrated is key!
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@kevinwilson64, I've also been digging into volume profile lately. Anatoly Crypto is a solid resource, like @hiker338 mentioned. One thing I've found helpful is combining volume profile with Fibonacci retracements. Look for confluence between the value area high/low and key fib levels. For example, if the VAL lines up with the 61.8% retracement, that could be a high probability entry. Also, watch out for naked point of controls, those can act as magnets for price. Just remember to always confirm with other indicators before entering a trade, don't rely solely on volume profile.