medium · Volume Profile Analysis trading-strategies
If an Open Drive occurs but volume is lower than the average, what is the most likely outcome?
- The market closes back at the prior session open, well off its high.
- It remains a textbook valid Open Drive provided the candle bodies stay large.
- The move is likely a 'liquidity grab' or false breakout that will soon fail.
- The trend accelerates even harder upward since there is no overhead resistance left.
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