medium · Volume Profile Analysis auction-market-theory

In Auction Market Theory, what is the primary difference between a 'Trend Day' and a 'Normal Day'?

  1. Whether the open is 'above' or 'below' the previous POC
  2. The width of the Initial Balance and the extent of subsequent range extension
  3. The number of High Volume Nodes developed in the Value Area
  4. The total volume traded throughout the entire session

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