This Patreon-suggested video goes into more uses of the Volume Profile. We go into the what, why and the where of stop-loss hunts when looking at volume-by-price (volume profile). The examples in the video show what happens when price enters an LVN price area where many stop losses are likely located.
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Disclaimer: The content covered in this video is NOT investment advice and I am not a financial advisor. The material covered within these videos is for educational purposes only. Always do your own research and only invest based on your own findings and personal judgment. Happy Trading!
This is my favorite video.
Overall volume profile means HVN areas are mostly most consolidated , is it true ?
For the stop hunts, don't they usually occur for Bitcoin/Eth only? Or other major altcoins being traded on Bitmex.