easy · Volume Price Analysis
A practitioner has identified a 'Spring' event on the 15-minute chart. They have also confirmed that the 60-minute chart shows a Buying Climax. They are now at Step 6: Decide.
What action is most consistent with the VPA framework?
- Enter a short trade with a 1% risk rule
- Short the market as the Spring failed
- Wait for a No Demand bar to confirm weakness
- Enter long with a stop below the Spring's low
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