Volume Profile showing P-Profile Characteristics
in the current consolidation zone , in the upper node of P-Profile:
- price hovers around VP POC - area of highest acceptance & trading activity
- price rejects Value Area High ( VAH ) and Value Area Low ( VAL ) - acts as support & resistance
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.