🎯 Top Volume Profile Levels to Trade This Week on EUR/USD, GBP/USD & ES

Hey everyone, it’s Dale here. Welcome to the first video of 2026. In this video, I’ll show you the strongest Volume Profile levels to trade this week. We’ll take a look at EUR/USD, GBP/USD and also the ES. Let’s get to it.

What you see before you is the NinjaTrader 8 platform with my custom-made Volume Profile and VWAP indicators. The chart is a 30-minute chart of EUR/USD, and today I want to show you a resistance that formed earlier today. It is right here at 1.1699. Let me zoom in a little bit so you can see it better.

As you can see, there was a rather steep sell-off from Friday to Monday. In this sell-off, if you take a look at the Volume Profile, there was a significant volume cluster right here. This volume cluster represents a place where sellers were adding to their short positions as they were pushing the price downward. So this represents a strong resistance. I like to place my level at the beginning of that heavy volume zone, which, as you can see, is right here. That’s the Volume Profile setup. It’s a setup I call the trend setup, and I use it when there’s a trend like this one.

Additionally, there’s also a fair value gap highlighted in red. This is the fair value gap, and this is the beginning of the fair value gap right here. As you can see, the beginning of the volume cluster nicely aligns with the beginning of the fair value gap, which makes that resistance even stronger.

One more thing to notice is that there’s also the first deviation of the weekly VWAP, this gray line, almost at the same level where price is moving right now. It’s quite possible that at the time of the pullback, when the price reaches this resistance, that first deviation might be a little bit lower. It’s hard to tell for sure right now, but it’s very close. If the pullback occurs soon, then the first deviation should be right at that level.

So my plan is to wait for the pullback, and if it occurs, then take the short from there. The level is at 1.1699. One more thing worth mentioning is that the price was reacting to this area many times in the past, not exactly to the level, but a couple of pips above it. That still means this zone was a strong support because of those reactions. When the price broke below that support, the support turned into resistance. That’s another factor that adds strength to this level. A few pips above the level doesn’t really matter, as it was only about three pips, which is perfectly fine. This area aligns well with our level.

That’s it for EUR/USD. Now let’s check out GBP/USD. By the way, this is a 30-minute chart of GBP/USD. We have this sharp rejection of higher prices, which tells us that buyers pushed the price up, then sellers stepped in and completely reversed the move. When you see this, you also want to see a significant volume cluster close to the high of that rejection, like this one here. This volume cluster points to the place where sellers took over.

That’s what this resistance at 1.3488 is based on. There’s also a nice fair value gap highlighted in red, beginning exactly at the place where I have this level. That adds even more strength to it. Now we just need to wait for the pullback to the beginning of the volume cluster and the beginning of the fair value gap. When the price reaches that area, the plan is to take a short from there. Sellers were active here in the past, formed this volume cluster, and reversed the price. Those sellers are likely to become active again at this level, as it is clearly an important area for them, and push the price downward once more.

This is a Volume Profile setup I call the rejection setup, and the same setup is present on the ES as well. Let me show you. This is the ES, and in this case, we have a rejection of lower prices. This is a 30-minute chart of the ES. The first thing you need to see is the rejection, and the second thing is a significant volume cluster within that rejection. If I show you this using the flexible Volume Profile, you can see that strong volume cluster right here. This represents a place where buyers stepped in.

That’s the area we want to trade from, and we want to look for a long trade there. Additionally, we also have a fair value gap highlighted in green. This is the fair value gap, and this is the beginning of it. That again adds strength to the level. Now we just need to wait for the pullback, and when the price reaches this level, we can look to take a long from there.

If you’re interested in learning more about Volume Profile trading, head over to my website at trader-dale.com. If you click on Trading Courses & Tools, it will take you to a page where you can browse my trading education and custom-made indicator packs. There’s the Volume Profile pack, Order Flow pack, VWAP pack, and Smart Money pack. You can get them separately, or scroll down to the bottom of the page where there’s a special combo including all of these packs together for a discounted price.

Before I wrap up the video, I’d like to announce the winner of the last contest we had. The prize was my custom-made Volume Profile and VWAP indicators for the TradingView platform. Right now on your screen, you can see the name of the person who won the contest. Congratulations to the winner. Next week, I’ll be doing another contest. To participate, all you need to do is leave a comment below this video on YouTube. Next week, I’ll randomly pick one person to win this set of custom-made indicators.

Thanks for watching, and I look forward to seeing you next time. Until then, happy trading.