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 decisively beyond the IB in both directions
- Non-Trend day — because price never exceeded 1.5 times the initial-balance width
- Neutral day — because the market explored both sides of the IB with balanced extension
- Normal day — because the auction-built profile fits inside one standard deviation of the IB band
Sign up free to see the explanation and track your rank →
More Volume Profile Analysis auction-market-theory practice
- What is the most likely market context?
- According to the daily open framework, what is the bias?
- If price is currently trading at $5,640 and the session Point of Control is at $5,615, wha
- According to auction market principles, what is the most likely outcome?
- A session prints a 'Narrow Initial Balance'. What is the most likely reason this often lea
- What is the most likely 'Open Type' classification?
- A session Profile shows a heavy concentration of volume at t… — What does this 'P-profile'
- A price level is touched by five separate 30-minute periods… — How should this 'Poor Low'