What is Single Prints or Tails in Market Profile?
Single prints and tails are crucial Market Profile concepts that identify areas where price didn’t spend much time. Understanding these areas helps you identify weak zones, potential targets, and high-probability trading opportunities on Indian exchanges.
What are Single Prints?
Single prints are price levels where only one TPO (Time Price Opportunity) letter appears, indicating that price only traded at that level during one time period. These areas represent weak zones where price didn’t find acceptance.
Characteristics of Single Prints
Single Print Features:
- One TPO letter: Only one letter at that price level
- Minimal time: Price spent very little time there
- Low volume: Typically low volume at these levels
- Weak acceptance: Price not accepted at this level
- Likely to fill: Price often returns to fill single prints
Types of Single Prints
Upper Single Prints:
- Single prints above Value Area
- Weak resistance
- Price likely to return
- Potential breakout area
Lower Single Prints:
- Single prints below Value Area
- Weak support
- Price likely to return
- Potential breakdown area
What are Tails?
Tails are extended single print areas that form when price moves quickly through a price range without spending time there. They appear as long vertical lines of single TPO letters.
Characteristics of Tails
Tail Features:
- Extended single prints: Multiple single prints in a row
- Quick price movement: Price moved through quickly
- No acceptance: Price didn’t find acceptance
- Weak zone: Weak support/resistance
- Fill potential: Price often returns to fill
Types of Tails
Upper Tails:
- Tails above Value Area
- Price rejected from above
- Weak resistance area
- Potential reversal zone
Lower Tails:
- Tails below Value Area
- Price rejected from below
- Weak support area
- Potential reversal zone
Why Single Prints and Tails Matter
Market Psychology
Single Prints/Tails Indicate:
- Price rejection: Price rejected from that area
- Lack of acceptance: No acceptance at those levels
- Weak zones: Weak support/resistance
- Fill potential: Price likely to return
Trading Implications
Single Prints/Tails Mean:
- Weak support/resistance: Not strong levels
- Target areas: Price may return to fill
- Breakout potential: May break through
- Reversal signals: Potential reversal areas
Using Single Prints and Tails for Trading
Single Print Fill Strategy
Setup:
- Identify single prints
- Wait for price to return
- Enter on fill
- Target Value Area
Entry:
- Enter when price returns to single print area
- Confirm with structure
- Use tight stops
- Target Value Area or POC
Exit:
- At Value Area
- When single prints filled
- At stop loss
- On reversal
Tail Fill Strategy
Setup:
- Identify tails
- Wait for price to return
- Enter on fill
- Target Value Area
Entry:
- Enter when price returns to tail area
- Confirm with volume
- Use tight stops
- Target Value Area
Exit:
- At Value Area
- When tail filled
- At stop loss
- On continuation
Single Print Breakout Strategy
Setup:
- Identify single prints
- Wait for price to approach
- Enter on break
- Target extension
Entry:
- Enter on break of single print area
- Confirm with volume
- Use tight stops
- Target extension
Exit:
- At extension target
- When structure breaks
- At stop loss
- On reversal
Single Prints vs Multiple Prints
Single Prints
Characteristics:
- One TPO letter
- Minimal time
- Low volume
- Weak acceptance
- Fill potential
Trading:
- Weak support/resistance
- Target for fills
- Breakout potential
- Reversal signals
Multiple Prints
Characteristics:
- Multiple TPO letters
- More time spent
- Higher volume
- Strong acceptance
- Strong support/resistance
Trading:
- Strong support/resistance
- Important levels
- High probability areas
- Consolidation zones
Common Patterns
Single Prints Above Value Area
Pattern:
- Single prints above Value Area
- Price rejected from above
- Weak resistance
- Price likely to return
Trading:
- Watch for return to fill
- Enter on fill
- Target Value Area
- Use as weak resistance
Single Prints Below Value Area
Pattern:
- Single prints below Value Area
- Price rejected from below
- Weak support
- Price likely to return
Trading:
- Watch for return to fill
- Enter on fill
- Target Value Area
- Use as weak support
Tails on Trend Days
Pattern:
- Long tails in trend direction
- Price moving quickly
- No acceptance
- Trend continuation
Trading:
- Follow the trend
- Enter on pullback
- Target extensions
- Use trailing stops
Common Mistakes
1. Treating Single Prints as Strong Levels
Problem:
- Treating single prints as strong support/resistance
- Wrong expectations
- Poor entries
- Missed opportunities
Solution:
- Understand single prints are weak
- Trade accordingly
- Use proper strategy
- Don’t expect strong reactions
2. Not Waiting for Fill
Problem:
- Entering too early
- Not waiting for price to return
- Premature entries
- Higher risk
Solution:
- Wait for price to return
- Confirm the setup
- Enter on fill or break
- Reduce risk
3. Ignoring Context
Problem:
- Not considering overall structure
- Missing context
- Wrong interpretation
- Poor trades
Solution:
- Always check context
- Consider market structure
- Use with other tools
- Complete analysis
Real-World Examples
Example 1: Single Print Fill
Setup:
- Value Area: 19,200 - 19,300
- Single prints: 19,310 - 19,330 (above Value Area)
- Price: Returns to 19,310
Analysis:
- Single prints above Value Area
- Price returning to fill
- Weak resistance
- Fill potential
Trade:
- Enter long on fill of single prints
- Stop: Below 19,310
- Target: Value Area (19,300)
- Result: Price fills, reaches target
Example 2: Tail Breakout
Setup:
- Value Area: 19,200 - 19,300
- Tail: 19,150 - 19,190 (below Value Area)
- Price: Breaks above tail
Analysis:
- Tail below Value Area
- Price breaking above
- Weak support broken
- Bullish signal
Trade:
- Enter long on break above tail
- Stop: Below tail
- Target: Value Area (19,200)
- Result: Price reaches target
Tools for Identifying Single Prints and Tails
Professional single print and tail identification requires:
- TPO chart visualization
- Clear single print identification
- Tail pattern recognition
- Historical analysis
Vtrender provides professional Market Profile tools to help you identify single prints and tails on Indian exchanges.
Best Practices
- Identify correctly: Learn to identify single prints and tails
- Understand context: Always check market structure
- Wait for setup: Wait for price to return or break
- Use proper strategy: Trade with appropriate strategy
- Manage risk: Always use stops
Conclusion
Single prints and tails are important Market Profile concepts that identify weak price zones. By understanding these areas and how to trade them, you can identify high-probability fill and breakout opportunities on Indian exchanges.
Start identifying single prints and tails with Vtrender’s professional Market Profile tools and improve your trading on NSE and BSE.
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