medium · Volume Price Analysis
A practitioner sees a Spring but decides to wait for a 'successful test of supply'.
What specific candle and volume combination would constitute this success?
- A Shooting Star with an upper wick that tests the ceiling of the range on high volume.
- A Doji with long wicks in both directions on average volume.
- A wide-spread up candle that engulfs the Spring on ultra-high volume.
- A narrow-spread down candle with a lower wick that dips toward the Spring low on volume significantly below average.
Sign up free to see the explanation and track your rank →
More Volume Price Analysis practice
- A stock has been in a sustained uptrend for three weeks. A c… — How should this be interpr
- What is the specific VPA principle demonstrated here?
- During an accumulation phase, the price dips below the estab… — What is the correct Wyckof
- What is the most likely price behavior?
- What is the next step in the decision framework to confirm this is an entry opportunity?
- An up candle with a very narrow spread and very low volume a… — What does this specificall
- A practitioner is using a 233-tick chart for the ES E-mini.… — What does a 'low volume' ba
- A stock has reached the top of a distribution zone. A candle… — How should the practitione