How to understand end of movement in middle-term ?
If you use market profile or volume profile in your trading you have to pay attention for the shape of the profile. In the end of movement there are typical forms of the profiles.
One of them classical P profile - the end of uptrend. When you use volume profile you can see it more accurate. Let's check 22 and 29 of Nov on NQ ticker. As you can see at 22 Nov was a classical P profile and after price rebounded down from it. And when 29 Nov started build the same situation it was a good chance to open short position with a little stop-losss and big reward.
And I did it.
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