medium · Volume Profile Analysis auction-market-theory
A session for Crude Oil (CL) established an Initial Balance (IB) of 2.00. In the third hour, price breaks the IB high and extends by 0.50 in a measured fashion, while volume builds at this new higher level.
Which day type is most likely developing?
- Normal Variation Day
- Neutral-Center Day
- Normal Day
- Trend Day
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