medium · Volume Profile Analysis reference-levels-migration
A trader identifies a long entry at 1.2610. A naked POC (nPOC) exists above at 1.2683. However, there is also a failed auction high at 1.2692 from two sessions ago.
How should the profit target be adjusted according to the magnet-effect logic?
- Move the target to 1.2670 to avoid the nPOC resistance.
- Move the target to 1.2694, just past the failed auction.
- Set the target exactly at 1.2692 to capture the spike high.
- Keep the target at 1.2683 to ensure a safe exit before the nPOC.
Sign up free to see the explanation and track your rank →
More Volume Profile Analysis reference-levels-migration practice
- What is the most likely behavior as price approaches $1.2710?
- How should the nPOC influence the trade plan?
- Which assessment best applies volume profile logic?
- Which interpretation is most consistent with auction theory?
- What is the most structurally coherent volume profile interpretation of this situation?
- What is the volume profile interpretation?
- A volume profile analyst reviews 20 sessions of data for an… — What auction-market conditi
- During a London session for EUR futures, a 30-minute bar rea… — How does the volume profil