medium · Volume Profile Analysis auction-market-theory

What is the defining characteristic of a 'Poor High' in Auction Market Theory?

  1. A price level that is only touched by a single participant.
  2. The lack of excess, indicating that the auction at the top was not completed.
  3. Volume delta being significantly positive at the session high.
  4. The Point of Control being located at the extreme high of the day.

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