medium · Volume Profile Analysis auction-market-theory
A session produces an IB of 5,600 to 5,630 (30 points). The total daily range ends at 5,592 to 5,648. The profile shows roughly equal volume above and below the IB boundaries.
Which Market Profile day type does this pattern most resemble?
- Trend day — because price extended beyond the IB in both directions
- Non-Trend day — because price never exceeded 1.5 times the IB width
- Neutral day — because the market explored both sides of the IB with balanced extension
- Normal day — because the profile fits within one standard deviation of the IB
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