medium · Volume Profile Analysis trading-strategies
An S/R Flip setup occurs on GBP/USD. A multi-day Point of Control at 1.2612 was broken to the downside on 2.3x volume. Price reached 1.2560 and has now rallied back to 1.2608. A 30-minute bar prints with an 8-pip upper wick and closes at 1.2595.
Where is the highest-probability entry for a short?
- At 1.2625 above the prior POC
- At 1.2560 targeting a breakout continuation
- At or near 1.2598 on the rejection bar's close
- Pending sell-limit exactly at 1.2612
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