easy · Order Flow Analysis tape-reading-time-sales

Beginner order-flow vocabulary check.

Which description best matches ask-initiated trade?

  1. One print, trade-size comparison, or tape statistic identifies trader motive and guarantees price direction without quote, sequence, or venue context and remains certain even when later market evidence changes
  2. A trade classified as buyer-initiated because it executes at or through the prevailing ask under the chosen rule.
  3. A resting ask that has not executed
  4. Any trade below the prevailing bid

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