book study : Volume Profile by Trader Dale ( P-Profile )

example of P-Profile
( page 58 )

- shaped like letter P
- agressive buyers and weak sellers

usually occurs in :
- uptrend market , or
- at possible end to a downtrend

significant areas within P-Profile :
- VP POC
- volume cluster in the thin area of the profile ( acts as support )


reference book :
Volume Profile : The Insider's Guide To Trading by Trader Dale