easy · Volume Profile Analysis profile-shapes

A trader loads a daily volume profile and notices two separate fat volume clusters — one centered around 4,520 and another around 4,580 — with a very thin zone between 4,545 and 4,555.

What profile shape and structural feature best describe this pattern?

  1. Double distribution (or multi-distribution) profile with an LVN gap between the two acceptance zones
  2. D-shape with a single central POC around 4,550
  3. P-shape caused by short covering that split the profile in two
  4. b-shape where the lower cluster represents long liquidation and the upper is the initial short-covering spike

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