Hello drivers, I mean traders, LVN pothole ahead, drive(trade) accordingly. 5% drop expected based on VP
For those not familiar with LVN ( Low Volume Nodes) in Volume Profile, is price region where prices tend to move rapidly for lack of resistance or support
Interestingly if you look at the chart carefully, since June 2024 the prices have moved/gaped
7 times in this region, including the last weeks 10% move travelled this region.
Funny, as if prices are jumping the pothole each time it comes across
For those not familiar with LVN ( Low Volume Nodes) in Volume Profile, is price region where prices tend to move rapidly for lack of resistance or support
Interestingly if you look at the chart carefully, since June 2024 the prices have moved/gaped
7 times in this region, including the last weeks 10% move travelled this region.
Funny, as if prices are jumping the pothole each time it comes across
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