easy · Volume Price Analysis

A practitioner is analyzing a 15-minute chart of EUR/USD. Over the last 30 bars, tick volume has averaged 350. A new candle forms with a wide bullish spread but tick volume of only 150.

How should this candle be classified?

  1. Bearish anomaly (trap up)
  2. Bullish validation (genuine move)
  3. Neutral validation (quiet market)
  4. Bullish climax (exhaustion)

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