medium · Order Flow Analysis footprint-delta

In the context of the 'Auction Process', what does 'Unfinished Business' at a bar's high represent?

  1. Cumulative delta fails to make a new high alongside price at that same bar's extreme
  2. Bid volume exists at the top price but zero ask volume occurs one tick above
  3. Ask volume at the high is more than ten times greater than the bid volume there
  4. Total volume recorded at the bar's high is exactly equal to volume at its low

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