easy · Volume Profile Analysis auction-market-theory

What is 'unfinished business' in the context of a ledge at a session high?

  1. The auction did not find a price high enough to stop the buyers decisively.
  2. The market makers have not yet collected the spread on those trades.
  3. Retail traders have not yet closed their losing positions at that level.
  4. Price has not yet reached the daily Volume-Weighted Average Price.

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