medium · Volume Price Analysis
A 'Shooting Star' candle appears after a sustained uptrend with ultra-high volume.
What is the narrative of the battle between buyers and sellers within this specific candle?
- The market remained in a tight range as neither buyers nor sellers participated in the session.
- Sellers tried to drive prices lower, but buyers recovered the market to close at the high, indicating a continuation.
- Buyers were absent throughout the session, allowing the price to drift lower on minimal activity.
- Buyers pushed prices higher, but sellers overwhelmed them to close near the low, with high volume confirming intense insider selling.
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