medium · Volume Price Analysis climactic
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.
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