Overview
Volume Profile distributes traded volume across price levels rather than time. It helps describe where business was conducted.
Point of Control (POC) is the price with the most traded volume within the selected profile. Value Area High (VAH) and Value Area Low (VAL) bound a chosen share of volume, commonly about 70%.
High- and low-volume nodes
High-volume nodes (HVNs) indicate areas of comparatively high participation; low-volume nodes (LVNs) indicate comparatively little participation. Their meaning depends on the session and context.
Practical application
Compare prior-session value, developing POC, value migration and price acceptance. Volume profile levels are analytical references, not guaranteed support or resistance.
