hard · Volume Profile Analysis profile-shapes
What is the primary risk of fading an 'Open Drive' in the first 15 minutes of a session?
- The Volume Profile invariably prints a symmetrical D-shape balance distribution on every single Open Drive session that develops.
- Open Drives always reverse hard the very moment the Initial Balance period finishes forming for the trading session.
- The prevailing bid-ask spread is simply far too wide to ever secure a profitable counter-trend session fill.
- Open Drives represent the strongest form of institutional conviction and often lead to Trend Days with no retracements.
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