Glossary · V
What is Value area (VA, VAH, VAL)?
The price range containing about 70% of a session's volume, built outward from the POC. Its upper edge is the value area high (VAH) and its lower edge the value area low (VAL).
In context
The Value Area High (VAH) is the highest price of the Value Area; the Value Area Low (VAL) is the lowest. Inside them, the market had its greatest agreement. Outside them are prices the market accepted less.
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