medium · Volume Price Analysis

During a major economic news release, a 5-minute candle forms a long-legged doji with extremely high volume.

What does the volume tell you about the insiders' activity?

  1. The market is genuinely digesting the news with intense institutional participation
  2. The move is likely a manufactured stop-hunt trap engineered by insiders and best ignored
  3. A decisive trend reversal is now virtually guaranteed on the next candle
  4. Insiders are simply stop-hunting retail traders' resting stops placed just below recent lows

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