Volume profileIntermediate
POC reclaim: buying back above the busiest price in an uptrend
In an uptrend, a dip below the point of control that closes straight back above it can mark buyers defending fair value. How to trade it toward the VAH.
Strategies built on where volume traded: the point of control, the value area and its edges.
In an uptrend, a dip below the point of control that closes straight back above it can mark buyers defending fair value. How to trade it toward the VAH.
Two closes above the value area high on above-average volume suggest the market is accepting higher prices. How to trade the move out of value.
When price slips below the value area and closes straight back inside, the move down has failed. How to trade the return toward the point of control.