easy · Volume Price Analysis support-resistance

A 'Spring' pattern occurs at a major support level. Which of the following best describes the VPA signature and its implication?

1. A price waterfall that accelerates through support on ultra-high volume.
2. A narrow-spread up candle at the top of a range on low volume, indicating a failed breakout.
3. A wide-spread bullish candle breaks through support on rising volume.
4. A candle dips below support to trigger sell-stops and then closes back above the level; if volume is high, it indicates insider absorption.

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