medium · Volume Profile Analysis auction-market-theory
A trader sees price opening above yesterday's Value Area and then immediately driving higher without a retest.
What is the standard Auction Market Theory classification for this open?
- Open Rejection Reverse
- Open Drive
- Open Auction
- Open Test Drive
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'
- A price level is touched by five separate 30-minute periods… — How should this 'Poor Low'