easy · Volume Profile Analysis auction-market-theory

Why is 'Excess' considered a sign of a 'Strong' high or low?

  1. It shows that the market found plenty of business to do there
  2. It signifies that the market was in a non-trend regime
  3. It means the price is likely to be broken in the next hour
  4. It shows that other-timeframe participants aggressively defended the price

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