hard · Volume Profile Analysis

A 'Reversal Day' occurs where the morning session looks like a 'Trend Day' higher, but the afternoon breaks below the morning Value Area.

What is the signature of this event?

  1. A 'Normal Variation Day' with a very wide Initial Balance.
  2. A failure of initiative buying to find follow-through, leading to aggressive responsive selling and trapped longs.
  3. A successful re-test of the monthly VWAP.
  4. A 'Non-Trend' day where participants are just cleaning up the morning's orders.

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