easy · Volume Profile Analysis profile-anatomy
A session begins with price probing the previous day's Value Area High (VAH), finding no follow-through, and then reversing with high volume to trade through the opening print.
What does this 'Open Test Drive' suggest for the remainder of the day?
- A Non-Trend Day with very low volume.
- A directional day in the reversal direction, using the test extreme as a protective stop.
- A session that will remain entirely within the Initial Balance.
- A likely Trend Day in the direction of the initial probe.
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