Open Rejection Reverse ORR

This is a Market Profile Opening Type.

An Open Rejection Reverse (ORR) happens when the market attempts to continue in a prior direction and is met with heavy opposition which causes a strong move in the opposite direction. This is like an Open Drive, but it has hit an area that did not meet with acceptance.

Other Market Profile Opening Types:

• Open Drive

• Open Test Drive

• Open Auction In-Range

• Open Auction Out-of-Range