easy · Volume Profile Analysis auction-market-theory

A trader identifies a 'b-shaped' Volume Profile at the end of the London session. Price fell early, but found balance at lower levels where POC and VA eventually developed.

What is the most likely market context?

  1. Bullish short-covering followed by high-level acceptance.
  2. A symmetrical distribution where neither side dominated.
  3. A Trend Day where price moved continuously lower.
  4. Bearish long-liquidation followed by low-level acceptance.

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