medium · Volume Profile Analysis profile-shapes

What does the sequence of rising P-shaped profiles most directly indicate about the developing composite structure?

1. The sequence confirms classic distribution at higher prices; the composite POC at 0.6680 will draw responsive sellers back in on any return visit toward that level
2. The three session profiles are entirely unrelated to one another, so a meaningful composite structure simply cannot be inferred from any sequence of individual session shapes
3. Each P-shape confirms higher prices are being accepted session over session, building a bullish multi-distribution composite with Session 1's range as a key lower reference
4. The resulting composite structure will always resolve into a b-shaped distribution whenever several of the individual underlying sessions each print as P-shaped profiles in a row

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