medium · Volume Profile Analysis profile-anatomy
A session high at $5,650 in the S&P 500 was reached in mid-session and subsequently touched five separate times over three hours, with a flat ceiling and 8% of the session's total volume transacting at that exact price.
How should a trader interpret this level for the next session?
- As a 'Poor High' that represents an incomplete auction and is likely to be broken.
- As 'Excess' indicating a finished auction and high-probability resistance.
- As a 'Buying Tail' indicating institutional strength.
- As a 'High Volume Node' that will definitely act as a magnet for mean reversion.
Sign up free to see the explanation and track your rank →
More Volume Profile Analysis profile-anatomy practice
- If today's Value Area High (VAH) is $1.0820 and tomorrow's Value Area Low (VAL) is establi
- A session on AUD/USD has a Value Area of $0.6650 to $0.6680. The following session's Value
- On USD/JPY, Session 1 Value Area is $151.20 to 151.80. Session 2 Value Area is $151.30 to
- What does 'Excess' signify at the end of a session move in Gold (GC)?
- What is the key difference between 'Responsive Activity' and 'Initiative Activity' in term
- Where should a Volume Profile trader expect the 'Point of Control' to be located?
- Monday's Value Area is $20450 to $20550. Tuesday's Value Area is $20560 to $20660. Tuesday
- What is the standard iterative step?