Volume Profile and Volume Delta
After good US PMI data market was in positive mood for a short time. I took the breakout trade because it was a perfect setup and the long worked for 2 points.
Most interesting part happened about 20 min. later. I was long 2nd time and bought the area at the previous breakout level again. Must admit that I didn't pay attention to the Volume Delta below. Which is a mistake but in this case price worked my way.
Out of nothing a big sell order of more then 1800 contracts hit 2751.75 violently. This was the sign to close every long position at that level.
In this case a sell at that price level would have been the right strategy.
We never know when aggressors come in and drive the market in a certain direction.
Watching Volume is always a good idea to see what's actually happening and who is in control.