Third quarter 2017 is not over, but nonetheless, the quarterly/macro-price action in the Canadian dollar is in the macro-process of establishing the required Wyckoff price action/steps “for a macro-bull market.”
Megaphone patterns were first described in Richard Schabacker’s 1932 book: “Technical Analysis and Stock Market Profits,” as rare and intricate patterns.
With powerful modern trading tools, volume profile analysis is more accessible than it has ever been before. In this article, we’ll explore ways to use volume profile trading techniques to improve the trading and execution location.