medium · Order Flow Analysis footprint-delta
A 15-minute Euro FX (6E) bar shows 53 contracts traded at the bid at 1.1245 and 13 contracts traded at the offer at 1.1246. At 1.1246 bid, 37 contracts traded, while at 1.1247 offer, 0 contracts traded.
How should an order flow trader interpret the top of this bar?
- Institutional absorption of buying
- Unfinished business at the high
- A buying imbalance at the extreme
- A completed auction at the high
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