medium · Volume Profile Analysis auction-market-theory
When observing an Open Drive on a candlestick chart, what is a primary visual characteristic of the price action?
- Alternating red and green candles that stay within a tight 10-tick range.
- Large-bodied candles that close near their extremes with minimal wicks.
- Small candle bodies with very low range, indicating price compression.
- Long wicks on both the top and bottom of the candles, showing two-way trade.
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