Volume price analysis signals appear across all markets and timeframes. In this recording, David & I consider these on the DXY, the Indices, and the triple-levered semi-conductor ETF, the SOXL. However, as we explain, it is essential to view vpa not only in multiple timeframes but also in the context of support and resistance, which is where the Quantum indicators can help the accumulation and distribution indicator, particularly which not only marks these key levels on the chart but also confirms their relative strength. It does this by thickening the line each time it is touched, giving us a clear visual picture of the effort required to break through the levels.
Using Support and Resistance in Multiple Timeframes on DXY, Indices, and SOXL
Support and resistance levels are essential for traders. They mark where price often pauses, reverses, or breaks. Using them across multiple timeframes adds depth. Higher timeframes reveal major levels. Lower timeframes time entries. This alignment creates high-probability setups. Volume price analysis (VPA) confirms conviction—high volume at levels shows real strength.
Multi-Timeframe Approach to Support and Resistance
Higher timeframes (daily/weekly) show structural levels. These carry weight—institutions focus here. Lower timeframes (hourly/15-minute) reveal intraday reactions. Price tests higher levels on lower charts.
Quantum VPOC indicator on NinjaTrader or MT5 marks volume-based S/R across frames. High volume clusters = stronger levels.
VPA Confirmation at Levels
VPA reads volume intent:
- High volume bounce = conviction hold—entry in direction.
- Low volume rejection = potential reversal.
- High volume break = momentum continuation.
This works on DXY, indices, or volatile ETFs like SOXL.
Examples Across Assets
- DXY (US Dollar Index) Daily VPOC at 100.00 holds as support. Weekly confirms major level. Hourly pullback on low volume—weak selling. High volume rebound—long USD bias. Relational strength vs EUR/JPY.
- Indices (/ES or SPY) Daily support at previous low. High volume hold = bullish continuation. 15-minute test on low volume—buy dip. High volume upside = add longs.
- SOXL (3x Semiconductor ETF) Volatile—daily VPOC at key swing. Rejection on low volume = short opportunity. High volume downside break = momentum short.
Quantum Tools for Multi-Timeframe S/R
Quantum VPOC across frames spots confluence. Trend Monitor aligns direction. This avoids counter-trend traps.
Benefits for Traders
Multi-timeframe S/R reduces noise. Higher levels for bias. Lower for precision. VPA adds volume conviction—high at levels validates trades.
Anna Coulling’s VPA approach with Quantum tools turns support/resistance into disciplined edge. Trade levels with context and confirmation.
Use support and resistance across timeframes for clearer setups. Quantum VPOC makes volume-based levels reliable. Apply VPA for conviction in DXY, indices, or SOXL.
Fibonacci Retracements: A Key Tool for Identifying Support in Trends
Fibonacci retracements are one of the most popular technical tools in trading. They help identify potential support or resistance levels during pullbacks in a trend. Based on the Fibonacci sequence, these ratios often align with natural market psychology. Traders use them across forex, stocks, indices, and commodities. Volume price analysis (VPA) enhances them—high volume at Fib levels shows real conviction.
How Fibonacci Retracements Work
The tool draws horizontal lines at key ratios of a prior move:
- Common levels: 23.6%, 38.2%, 50% (not Fib but popular), 61.8%, 78.6%.
- Uptrend: Draw from swing low to swing high. Levels act as potential support on pullbacks.
- Downtrend: Draw from swing high to low. Levels as resistance on rallies.
The 61.8% “golden ratio” is strongest. Price often bounces or reverses here.
Why Fibonacci Levels Matter
Markets move in waves. Pullbacks retrace portions of trends. Fibonacci ratios reflect human behavior and order flow. Professionals watch them—creating self-fulfilling levels.
VPA confirms: High volume bounce at 61.8% = strong support. Low volume = potential break lower.
Practical Trading Examples
- Bullish Retracement: EUR/USD rallies from 1.0800 to 1.1000. Pullback to 61.8% (1.0878). High volume hold—long entry. Trend resumes.
- Bearish Retracement: GBP/USD falls. Rally to 38.2% on low volume—divergence. Short on rejection.
- Extension Use: Beyond 100% for targets (161.8%).
Quantum Trend Monitor on NinjaTrader or MT5 aligns retracement bias. This avoids counter-trend traps.
Benefits and Tips
Fib levels add confluence with VPA support/resistance. Use on higher timeframes for bias. Lower for entries. Combine with volume—high at Fib = conviction.
Anna Coulling’s VPA approach with Quantum tools turns Fibonacci retracements into disciplined setups. Quantum makes levels visual across markets.
Fibonacci retracements identify pullback zones effectively. VPA with Quantum confirms conviction. Trade retracements with patience for stronger results.
Does VPA Work with Fibonacci and Elliott Wave? Yes Indeed – It Provides the Missing Piece of the Puzzle
Volume Price Analysis (VPA) complements classic technical tools beautifully. Fibonacci retracements and Elliott Wave theory are powerful for identifying potential levels and wave patterns. But they lack one critical element: confirmation of conviction. VPA adds this through volume. It reveals whether professionals support the level or wave. High volume validates. Low volume warns of traps. This missing piece turns theory into disciplined trades.
Fibonacci Retracements and VPA Confirmation
Fibonacci levels (38.2%, 50%, 61.8%) mark potential support in uptrends or resistance in downtrends. Price often reacts here. But not always.
VPA provides the edge:
- High volume bounce at 61.8% = strong support—buyers in control.
- Low volume at level = weak reaction—potential break or trap.
Example: EUR/USD pullback to 61.8%. High volume hold—long entry. Trend resumes.
Quantum Trend Monitor aligns direction. This avoids counter-Fib trades.
Elliott Wave and VPA Integration
Elliott Wave counts impulsive and corrective waves. It forecasts trend extensions. But wave counts are subjective. Miscounts lead to errors.
VPA confirms wave validity:
- Impulsive wave on high volume = strong trend—ride it.
- Corrective wave on low volume = healthy pullback—entry opportunity.
- Climactic volume at wave 5 high = distribution—reversal signal.
Quantum Accumulation/Distribution indicator spots wave phases. This reduces subjectivity.
Why VPA Is the Missing Piece
Fibonacci and Elliott Wave show “where” price might go. VPA shows “if” it’s real—through volume conviction. No volume = no conviction. Professionals drive volume. Align with them.
Quantum tools on NinjaTrader or MT5 visualize this—VPOC at Fib levels adds confluence.
Anna Coulling’s VPA methodology turns Fibonacci and Elliott Wave into reliable setups. Quantum indicators make confirmation visual.
VPA works perfectly with Fibonacci and Elliott Wave. It provides the missing volume piece. Quantum tools deliver the edge. Trade levels and waves with conviction.
By Anna Coulling