medium · Volume Profile Analysis auction-market-theory

A session opens with a small gap above yesterday's range. Price immediately enters yesterday's Value Area and begins rotating between the prior POC and VAL.

According to the daily open framework, what is the bias?

  1. A bearish bias or expectation of rotation within balance.
  2. An aggressive bullish bias favoring a Trend Day higher.
  3. A 'buying tail' rejection forming at the prior session high.
  4. A 'Double-Distribution' breakout driving to brand-new session highs.

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