vishnux
Could you please share your thoughts on the below observations and how you trade them, I am trying to learn Volume profile
Could you please share your thoughts on the below observations and how you trade them, I am trying to learn Volume profile
Next part you are telling is VAH and VAL , yes this also acts as support / resistance .But what you need is developing value area lines , so u can see what happened in past.
Also POC lines acts as support resistance , see below example in USOIL.Note this is just for scalping where you can get 10 to 20 points in crudeoil.If you want to go for long term , combine with fibonacci retracements , channels etc.