medium · Volume Price Analysis Climactic Price Action & Reversals
During a markup phase, a wide-spread bullish candle closes at its high, but volume is significantly lower than the preceding candles.
This is best described as:
- Validated price discovery into new territory.
- Stopping volume applied to a minor pullback.
- A 'trap up' or anomaly signaling a lack of insider support.
- A 'no supply' bar confirming the bullish trend.
Sign up free to see the explanation and track your rank →
More Volume Price Analysis Climactic Price Action & Reversals practice
- Which specific 'braking' signal is characterized by narrowing bodies and rising upper…
- After a strong three-week advance, a futures contract… How should a practitioner…
- What is the specific VPA principle demonstrated here?
- Which of the following is the defining characteristic of 'Stopping Volume' at the end of…
- What is the specific 'Topping Out' signature here?
- What is the signature here?
- A stock is rising on a Daily chart. For three days, the volume bars have been rising, but…
- What is the trade implication?
All Climactic Price Action & Reversals questions · Volume Price Analysis study guide · Volume Price Analysis glossary · Volume Price Analysis flashcards