medium · Volume Profile Analysis auction-market-theory
A failed auction high from three sessions ago is 2 pips above your current long target of 1.3615.
Following the 'structural magnet' principle, how should you adjust your target?
- Keep the target at 1.3615 to avoid greed
- Switch to a market order immediately to capture the move
- Lower the target to 1.3610 to ensure a fill
- Move the target to 1.3618, just past the failed auction
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