hard · Order Flow Analysis

A trader identifies a 'Single-Print Low' in the 10-Year Treasury Note (ZN) footprint. The low of the bar has V_bid = 5 and the adjacent tick above has V_bid = 450.

What is the primary risk of entering long immediately?

  1. The ZN market is too liquid for single-print patterns to be effective
  2. The ratio R_extreme is too low to signify institutional support
  3. Cumulative delta must be negative to validate an exhaustion low
  4. The auction at the low is 'Unfinished Business' if ask volume was zero

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