We are in balance now. If the balance goes up then a new uptrend will begin. So if the price breaks out level 1335 and holds above, we must wait for a correction to upper/lower balance level. On intraday chart we have a strong bullish trend.
Point of Control (P O C) – The price level for the time period with the highest traded volume .
Value Area (V A) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion.