medium · 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 low-conviction Non-Trend Day characterised by very thin participation and volume.
- A directional day in the reversal direction, using the test extreme as a protective stop.
- A rotational, balanced session that stays contained entirely within the Initial Balance range.
- A likely Trend Day extending in the direction of the initial upside probe.
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
- Comparing two sessions on Brent Crude: Day 1 VAH is $82.50, VAL is 81.20. Day 2 VAH is $81
- Tuesday is classified as:
- You observe a GBP/USD session where the Value Area High (VAH… — What does this 'Value Migr
- Price probes below the prior day's VAL at $1.0820 on EUR/USD. It immediately snaps back in
- What is the standard iterative step?