medium · Volume Price Analysis

A VPA practitioner is monitoring a 15-minute chart of EUR/USD. Tick volume is 750 (the high-volume threshold for the pair). The candle has an extremely narrow spread.

What specific market-maker action is occurring?

  1. Market makers are withdrawing liquidity, causing the price to stall despite high interest.
  2. The market makers are absorbing all incoming orders at that price level to prevent a breakout.
  3. The market makers are executing a 'Trap Up' move to attract retail short sellers.
  4. This represents a successful test of supply where market makers have confirmed a lack of sellers.

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