medium · Volume Profile Analysis auction-market-theory

The price of USD/JPY hits 152.00 four separate times during the London session. Each time, price stalls for 20 minutes with heavy volume, but never retraces more than 2 pips or extends higher.

How is this extreme structurally classified?

  1. Buying Tail
  2. Excess High
  3. Aggressive Initiation
  4. Poor High

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