medium · Order Flow Analysis absorption-exhaustion-imbalance

What does a 'Large Print' (anomalously high volume) at the high of a bar indicate when accompanied by a neutral bar delta?

  1. A 'Single Print' exhaustion signal
  2. Retail traders are aggressively buying the breakout with no resistance
  3. Institutional distribution or capping by a large passive seller
  4. High-frequency traders (HFT) are spoofing the offer to drive price lower

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