medium · Volume Profile Analysis profile-anatomy
A trader identifies an 'Accumulation Setup' in AUD/USD. The range POC is $0.6620 and the range low is $0.6610. Price breaks above the range high ($0.6635) and retraces to $0.6622.
If the trader enters long here, where is the most appropriate 'structural' stop placement?
- $0.6622 (Break-even).
- $0.6619 (Just below the POC).
- $0.6630 (Above the former range high).
- $0.6608 (Just below the range low).
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