the volume profile shows a HVN (high volume node) from where price had previously ranged
it also showed a fvg (fair value gap)
most recently, price reacted by moving strongly up out of the HVN range, which indicates large long positions were likely built during that consolidation
on first retest of that level, i expected the price to react by reversing to the upside as longs protected their positions they previously built around that level
price did react as expected with much pippage, wow, such profit
the fvg range was covered and even acted as support on a retest of the higher price of the fvg range
it also showed a fvg (fair value gap)
most recently, price reacted by moving strongly up out of the HVN range, which indicates large long positions were likely built during that consolidation
on first retest of that level, i expected the price to react by reversing to the upside as longs protected their positions they previously built around that level
price did react as expected with much pippage, wow, such profit
the fvg range was covered and even acted as support on a retest of the higher price of the fvg range