hard · Volume Profile Analysis trading-strategies

During an Open-Drive session, price never trades back into the Initial Balance range after the open and each successive 30-minute period prints value both higher and further from the developing POC. Halfway through the session, the developing Value Area Low begins to climb rather than stay fixed.

What does the rising Value Area Low most strongly indicate for continuation traders?

  1. It signals responsive sellers are stepping in below the market, warning traders to expect an imminent reversal back toward the Initial Balance range
  2. It confirms the whole distribution is migrating upward with the auction, meaning shallow pullbacks are bought before old value is reached
  3. It has no structural meaning on an Open-Drive day, since Value Area boundaries only become informative once the session has fully closed
  4. It indicates the Initial Balance range has permanently become the new Value Area, so continuation traders should target only the IB midpoint as support

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