hard · Volume Price Analysis

According to the Law of Supply and Demand, what is the VPA signature of a genuine bearish trend?

  1. Wide bearish spreads on low volume followed by narrow bullish spreads on high volume.
  2. Falling prices accompanied by rising volume on down candles and falling volume on rallies.
  3. Continuous gaps lower at the open with no volume recorded during the intraday session.
  4. Falling prices accompanied by consistently declining volume over the entire move.

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