medium · Volume Profile Analysis profile-anatomy

An Australian Dollar (AUD/USD) session displays a 'D-profile' centered on 0.66720 with 72% of the volume in a 6-pip band. The lower tail (0.66680 to 0.66700) shows very low volume (RVOL < 0.5).

For the next session, what is the most likely behavior if price enters the 0.66680 to 0.66700 zone?

  1. Price will likely stall and find support because it is the session low.
  2. Price will likely accelerate rapidly through the zone due to its status as a Low Volume Node (LVN).
  3. Price will likely rotate back to the POC of 0.66720 immediately upon touching 0.66700.
  4. The market is in 'acceptance' in the tail, so volume will build there tomorrow.

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