medium · Volume Price Analysis vpa-core
In a Volume at Price (VAP) histogram, the current price is trading significantly above the Value Area High (VAH) on very low volume.
Based on the concept of the Point of Control (POC), what is the expected next move?
- Support will surely be found at the Value Area High to keep the trend going.
- The market is in a state of 'No Supply' and should continue drifting steadily higher.
- A breakout acceleration occurs as the market enters a thin, low-resistance volume zone up top.
- A reversion to the Point of Control (POC) as the price is at an unsupported premium.
Sign up free to see the explanation and track your rank →
More Volume Price Analysis vpa-core practice
- A stock has been in a sustained uptrend for three weeks. A c… — How should this be interpr
- What is the most likely price behavior?
- What is the next step in the decision framework to confirm this is an entry opportunity?
- A practitioner is using a 233-tick chart for the ES E-mini.… — What does a 'low volume' ba
- A stock has reached the top of a distribution zone. A candle… — How should the practitione
- What action is most consistent with the VPA framework?
- What is the interpretation?
- A trader identifies a 'Double Top' pattern. The first peak p… — How is this interpreted?