Market Profile
extensions on either side of the initial balance. Such a profile is called the end‐
range close neutral day. See Figures 17.24 and 17.25.
profile action points
Traders may use the daily profile graphics as a means of determining entry and
exit points. Trigger points for entries and exits include:
■ (^) The POC: Traders frequently use the previous day’s POC as a support and
resistance level for entry to, or exit from, the markets. The previous day’s POC
is traded just as any support or resistance barrier.
figure 17.22 A Trend Day.
figure 17.23 A Double Distribution Day.