easy · Volume Profile Analysis profile-anatomy

What is the key difference between 'Responsive Activity' and 'Initiative Activity' in terms of price's relationship to the Value Area?

  1. Responsive activity moves price *back* toward the VA; Initiative moves it *away* from the VA.
  2. Responsive activity only happens on 'Trend Days'.
  3. Initiative activity is only performed by retail traders.
  4. Initiative occurs inside the VA; Responsive occurs outside.

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