medium · Volume Profile Analysis auction-market-theory
An E-mini Nasdaq (NQ) session establishes an Initial Balance (IB) high of 20,510 and an IB low of 20,490. The 20-day ATR is 300 points.
What is the statistical probability that the session will close outside of this Initial Balance range?
- Less than 10%
- 70% - 85%
- 20% - 30%
- 40% - 55%
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