⚡ Institutions have extreme amounts of capital, If they want to open a large trade unnoticed, they need a lot of time to enter their position.
⚡ They intend to do it slowly, unnoticed, so nobody realizes what they are doing.
⚡ The only way they can slowly and discreetly accumulate their positions is in sideways price action.
⚡ A sideways price action is a place where big institutions are getting ready for action.
( Excerpts from book - Volume Profile. )