This refers to assets, usually in moveable doc format, detailing strategies for analyzing market exercise via the distribution of traded portions at numerous worth ranges over a specified interval. These assets sometimes define methods for figuring out key assist and resistance areas based mostly on areas of excessive quantity focus. A standard illustration includes analyzing a chart displaying the place probably the most shopping for and promoting occurred throughout a selected session to foretell future worth actions.
The importance of those methods lies of their capability to offer a extra nuanced understanding of market sentiment than conventional charting strategies. By visualizing quantity at every worth level, merchants can achieve insights into areas the place important shopping for or promoting stress exists. Traditionally, these methods have developed from floor-based buying and selling practices to digital functions, providing a structured method to assessing market dynamics and informing commerce choices.
