easy · Volume Price Analysis
According to the breakout checklist, what should happen to volume on the candles immediately following a validated breakout?
- Volume should immediately drop to its lowest possible levels
- Volume should remain above average and support the direction
- Volume should diverge by falling as the price continues to rise
- Volume is no longer relevant once the breakout candle has closed
Sign up free to see the explanation and track your rank →
More Volume Price Analysis practice
- A stock has been in a sustained uptrend for three weeks. A c… — How should this be interpr
- What is the specific VPA principle demonstrated here?
- During an accumulation phase, the price dips below the estab… — What is the correct Wyckof
- What is the most likely price behavior?
- What is the next step in the decision framework to confirm this is an entry opportunity?
- An up candle with a very narrow spread and very low volume a… — What does this specificall
- A practitioner is using a 233-tick chart for the ES E-mini.… — What does a 'low volume' ba
- A stock has reached the top of a distribution zone. A candle… — How should the practitione