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IBH / IBL

Initial Balance High/Low; breakout above/below signals potential momentum; common FA reference points.

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IBH / IBL

Initial Balance High/Low; breakout above/below signals potential momentum; common FA reference points.
The high and low of the Initial Balance period serve as primary reference points for the trading session. Breakouts beyond these levels with strong volume suggest directional conviction, while failed breaks often lead to moves toward the opposite extreme. Many trend day scenarios begin with a decisive break of IBH/IBL followed by continued extension.

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