Does the Session Volume Profile Tool Invalidate Standard Daily Chart Support?
Standard chart analysis focuses on visible swing highs and swing lows across daily bars. The Session Volume Profile tool breaks down trade volume strictly within specific market hours like London or New York. When the highest volume of the session occurs in the middle of a consolidation bar, retail traders struggle to decide whether to prioritize horizontal daily price structure or intraday volume nodes. Which carries more weight for intraday execution?