medium · Volume Price Analysis climactic
An 'Upthrust' candle is identified at a major resistance ceiling.
If volume is ultra-high, what is the VPA conclusion?
- The insiders pushed the price up to trigger buy-stop orders and lure breakout buyers, then sold into that demand.
- It is a successful breakout, and the price will likely continue to rise.
- This represents 'No Demand' and is a low-probability signal because it lacks directional conviction.
- It is a successful test of supply, and insiders will now begin the markup phase.
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