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 difference, as both prices are now 'stale' levels.
  3. Breaching a poor high requires 3× the volume of breaching an excess high.
  4. Breaching excess is always a 'fake-out', while breaching a poor high is always a 'trend'.

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