Research / Price structure and anchoring

Volume profile and structure

Where trading has concentrated in the past marks levels that matter again.

The idea

Where trading has concentrated in the past marks levels that matter again.

Why it might exist

Prices accepted by many participants become reference points for later decisions.

Who is on the other side

Traders who ignore where the crowd has been.

What would retire it

The levels add nothing once simple price measures are accounted for.