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Entry Strategy<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/f9a77b77ffb64a2a889cf339db7c50d4.png" />1. Identify Key Levels:<ul><li>Value Area High (VAH): The upper boundary where 70% of the volume is concentrated. It often acts as resistance.</li><li>Value Area Low (VAL): The lower boundary where 70% of the volume is concentrated. It often acts as support.</li><li>Point of Control (POC): The price level with the highest traded volume, acting as a significant area of interest.</li></ul>2. Volume Shelves:<ul><li>Look for areas where there is a concentration of volume, known as volume shelves. These areas can indicate strong support or resistance zones.</li></ul>3. Market Context:<ul><li>Analyze the overall market trend. Use higher time frames to identify the trend direction (e.g., uptrend, downtrend, sideways).</li></ul>4. Confirmation with Candlestick Patterns:<ul><li>Use candlestick patterns around VAH, VAL, and POC for confirmation of entry points. Look for patterns like pin bars, engulfing candles, and hammers.</li></ul>5. Entry Trigger:<ul><li>Enter long positions near the VAL with confirmation from a bullish candlestick pattern.</li><li>Enter short positions near the VAH with confirmation from a bearish candlestick pattern.</li><li>Consider entering positions at the POC if there is strong price reaction (e.g., price bounces off the POC with significant volume).</li></ul>Exit Strategy<ol><li>Target Levels:</li></ol><ul><li>Set initial targets at the next significant volume shelf.</li><li>Use the VAH and VAL as primary target levels, depending on your entry direction.</li><li>Consider the POC as a mid-point target.</li></ul>2. Trailing Stops:<ul><li>Use trailing stops to lock in profits as the price moves in your favor. This can be done by placing stop-loss orders just below the VAL for long positions or above the VAH for short positions.</li></ul>3. Volume Analysis:<ul><li>Monitor the volume as price approaches target levels. Decreasing volume near the target could indicate a weakening trend, suggesting it’s time to exit.</li></ul>4. Price Action Signals:<ul><li>Exit positions if you observe reversal candlestick patterns near your target levels, such as doji, shooting star, or hammer.</li></ul>Example of Application<ul><li>Scenario: Suppose you identify a strong support level at the VAL and the market is in an uptrend.</li></ul>1. Entry: Place a buy order near the VAL, with a stop loss just below the support level. 2. Target: Set your first target at the POC and the second target at the VAH. 3. Management: Use a trailing stop to follow the price, adjusting it below higher lows as the price moves up.Please Like, Repost and Comments if above Article is Useful.

Crypto Trading Made Easy: Effective Entry and Exit Strategies with Fixed Range Volume Profile

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