medium · Volume Profile Analysis trading-strategies
A session on Crude Oil (CL) opens with a 15-minute 'Open Rejection Reverse' (ORR). The initial move is a rally from $75.00 up to $75.40, which is then rejected, and price trades back through the open to $74.80.
What structural landmark now serves as the day's primary protective stop for a short trade?
- $74.80 (the current low)
- $75.00 (the session open)
- $75.20 (the VWAP)
- $75.40 (the rejection high)
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