easy · Volume Price Analysis climactic

A candle is described as a 'Hanging Man' with volume 2.0x the average.

Where must this candle be located to be considered a sign of weakness?

  1. At the top of a bullish trend, signaling that selling pressure has appeared for the first time.
  2. At the bottom of a steep price waterfall, signaling the presence of stopping volume.
  3. Within a tight congestion zone during consolidation, signaling what is called a 'No Supply' bar there.
  4. Only during a scheduled news release, where it signals deliberate stop-hunting by informed insiders.

Sign up free to see the explanation and track your rank →

More Volume Price Analysis climactic practice

KomFi: Test Prep Made Easy

KomFi: Test Prep Made Easy — free adaptive practice for GMAT, GRE, SAT, ACT, National Real Estate Exam, Investment Banking, and finance with full explanations.

KomFi Academy is free GMAT prep and personalized GMAT help built as a training platform: 92,240+ practice questions, 30,500+ flashcards, on-demand video lectures, podcasts, and 4K slide decks. Flagship tracks: Free GMAT Prep, Free GMAT Resources, National Real Estate Exam Prep, Investment Banking Prep, Finance Prep, GRE, SAT, ACT, LSAT, MCAT, Financial Accounting, Private Equity, Private Credit, and Quantitative Finance.

Free GMAT Prep & Personalized GMAT Help

What's inside

Topics

View pricing · Read testimonials