medium · Volume Profile Analysis profile-anatomy
The Value Area (VA) for EUR/USD has migrated from $1.0820--1.0840 on Monday, to $1.0850--1.0870 on Tuesday, and $1.0880--1.0900 on Wednesday.
According to the 'Three-Day Rule', what should a practitioner expect for Thursday's session?
- A return to the Monday POC to fill the 'unfinished business' that was left behind from the very start of this week
- A 'Non-Trend' session, as the market now enters a balance phase in order to digest and consolidate the prior three-day directional move
- A mandatory reversal day, because the market has now clearly reached a state of 'Exhaustion' after three days of value migration
- A high-probability continuation of the bullish trend because three days of migration signal coordinated institutional flow.
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