The upper boundary of the Value Area. Value Area Low (VAL): The lower boundary of the Value Area.
Suddenly, the market spiked. A frantic green candle shot upward, fueled by a breaking news headline about interest rates. Retail traders on Twitter began screaming "Buy! Moon!" as they chased the momentum. Volume profile - The insider-s guide to trading
Imagine a stock opens at $100 and closes at $100. The candle is a "Doji" (a small body), suggesting indecision. But what happened during the day? Did the price sit at $100 all day? Did it rocket to $120 and crash back down? Did it crash to $80 and recover? Standard volume at the bottom would simply show a high volume bar, but you wouldn't know where that volume occurred. The upper boundary of the Value Area