medium · Volume Price Analysis

A 'no supply' bar is identified during an accumulation phase.

Which of the following best describes the appearance and volume of this candle?

  1. A narrow-spread bullish candle on low volume at the peak of a markup phase.
  2. A wide-spread bearish candle on ultra-high volume, testing the floor of the range.
  3. A narrow-spread bearish candle on significantly below-average volume.
  4. A hammer candle with average volume following a sustained price waterfall.

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