hard · Volume Profile Analysis
An 'Open Rejection Reverse' (ORR) open type is most clearly identified by which of the following price/volume behaviors?
- Price oscillating around the open for 30 minutes without direction.
- A gap open that is immediately filled and followed by a range-bound session.
- A continuous one-directional move from the opening print with heavy volume.
- An initial probe that tests a key level, followed by a rapid reversal through the open on high volume.
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