Original subtitles

One of the main applications of the combination of Wyckoff and volume

will be the objective identification of structures.

There will be occasions when the delineation of the extremes of the

will not be very visual, perhaps because the price action has generated

movements that are not very clean.

In this context, it can be useful to use the volume profile to help us identify

the high and low zones of the value area, assuming that this area is the

that is generating the subsequent movement.

By their very nature, the upper and lower limits of the structure we work

using the Wyckoff methodology will always be low volume areas.

The price turns that generate the creation of these supports and

areas where the price did not want to trade and are therefore identified as

rejections. We already know that this rejection is visualized within the

profile as an LVN.

Here we see an example of a somewhat irregular structure where it can be

difficult to clearly identify the events.

In these cases, it is very useful to use the manual profile, as it avoids the

need to correctly identify each of the events.

We will leave aside the whole issue of labeling to focus on what is really

important, which is to identify the relevant levels and trading zones within

lateralization.

Here is another example.

It is not necessary to label each and every one of these rotations that take

place within the area.

There are several tests at the top and bottom of the structure, but that should

not matter. The key is to analyze the price action and volume as a whole to

how the price reacts after a given action and to correctly identify the

zones. So the recommendation here is clear.

Let's always use the volume profile when developing structures as it gives us

more objective information about what is happening in the market.