easy · Volume Price Analysis

An analyst identifies a 'No Supply' bar on a daily chart. What specific criteria did the candle and volume bar meet?

  1. A narrow-spread up candle on high volume, signaling institutional absorption.
  2. A narrow-spread down candle on low volume, often occurring at support.
  3. A wide-spread down candle on high volume, validating a bearish move.
  4. A shooting star on ultra-high volume at the top of a rally.

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