medium · Volume Profile Analysis profile-anatomy
A USD/CHF trader is analyzing a 'Failed Auction' on the 1-hour chart where price spiked to 0.8950 but traded only 50 contracts before reversing to 0.8935.
If the trader enters a long position with a natural target at 0.8945, what is the mathematically optimal target adjustment?
- Extend target to 0.8952
- Keep target at 0.8945
- Pull target back to 0.8930
- Move target to the POC at 0.8920
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