medium · Order Flow Analysis absorption-exhaustion-imbalance

When analyzing a footprint bar, a trader notices a single-digit print (e.g., 3 contracts) at the very high of a bullish candle, while the level immediately below has 450 contracts.

What does this 'small print' typically indicate?

  1. Buyer exhaustion, suggesting the high may hold.
  2. Institutional accumulation, indicating a strong breakout is coming.
  3. The market is entering a high-volatility expansion phase.
  4. An iceberg order is resting at that level.

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