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Hi Dale, about the GBPUSD trend setup at 1.2576. The volume cluster below that around 1.2562 seems to be bigger than the cluster at 1.2576, and also seems to line up better with the rejection from November 23, and is close to another rejection from November 21.
Why choose the cluster around 1.2576 over the 1.2562?
Hello FRANCISO
Thats a very good question. I actually wanted to mention it in the video and then I forgot. The reason is that this Volume Cluster got already tested with a little pullback right after the vol. cluster got formed.
I have sent you a picture of the chart on your email.