medium · Volume Profile Analysis profile-anatomy
A trader observes a 'Naked POC' at 1.2612 on GBP/USD from two sessions ago. Current price is 1.2680 and falling toward a 'failed auction' high at 1.2615.
How should the profit target for a short position be adjusted?
- Exit at 1.2630 to avoid the magnet
- Place target at 1.2620
- Place target exactly at 1.2615
- Extend target to 1.2610
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