medium · Volume Profile Analysis auction-market-theory
A price level is touched by five separate 30-minute periods (TPOs) on a flat bottom at $1.2100. There is no 'tail' or 'excess' at the bottom.
How should this 'Poor Low' be interpreted?
- The $1.2100 level now stands as a 'Naked POC' that future sessions must revisit.
- The auction at the low is incomplete, and price is likely to revisit or break $1.2100 later.
- It is a 'Strong Low' precisely because buyers defended it for a full two and a half hours.
- Institutional buyers have laid down a structural 'floor' here that is very unlikely to break later.
Sign up free to see the explanation and track your rank →
More Volume Profile Analysis auction-market-theory practice
- What is the most likely market context?
- According to the daily open framework, what is the bias?
- If price is currently trading at $5,640 and the session Point of Control is at $5,615, wha
- According to auction market principles, what is the most likely outcome?
- A session prints a 'Narrow Initial Balance'. What is the most likely reason this often lea
- What is the most likely 'Open Type' classification?
- A session Profile shows a heavy concentration of volume at t… — What does this 'P-profile'
- How should the trader prepare for the next session's open?