Composite Low Volume Node (
CLVN) refers to the price at which the least amount of volume occurred between a significant long-term swing high and swing low. The
CLVN can be found by using a
Volume by Price (
VbP) study.
Contrasted against the
Composite High Volume Node (
CHVN), the
CLVN represents a lack of market involvement at the corresponding price level.
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