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Profile Penetration
Once we've identified the tradable profiles we can look to see how price
approaches the profiles in order to set up our trade direction bias.
This process occurs as follows:
Initial Bounce, Probe, Reverse, Reject, Go.
7.1 Initial bounce, probe, retest, reject and go.
The Market is coming from the upside approaching the 2 StdDev value area
high. Price initially bounces before returning to probe the value area, it quickly
reverses to retest the bounce area before going into one of the two phases of
price action.
Price can either bounce (rejection), or be magnetized. In this case price is
quickly rejected and continues downward to test the unfair lows on the other side
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