medium · Volume Profile Analysis profile-anatomy

When an 'Excess' high is eventually breached in a later session, how does its role change compared to a 'Poor High' being breached?

  1. Breaching excess is a major structural shift; breaching a poor high is merely 'completing' old business.
  2. There is no meaningful difference, since both extreme prices are now simply 'stale' reference levels.
  3. Breaching a poor high demands roughly 3x the participation volume that breaching a true excess high requires.
  4. Breaching excess is always a 'fake-out' that fails, whereas breaching a poor high reliably signals a sustained 'trend'.

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