medium · Volume Price Analysis

During a healthy downtrend, the market produces a series of wide-spread bearish candles.

What volume behavior would validate this trend according to VPA principles?

  1. Volume should peak only on the small pullbacks against the trend.
  2. Volume should remain constant regardless of the price spread.
  3. Volume should be rising on the down moves, showing that effort is matching the bearish result.
  4. Volume should decline as prices fall, indicating a lack of buying interest.

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