easy · Volume Price Analysis support-resistance
A practitioner is analyzing a 15-minute chart of EUR/USD. Over the last 30 bars, tick volume has averaged 350. A new candle forms with a wide bullish spread but tick volume of only 150.
How should this candle be classified?
- Bearish anomaly (trap up)
- Bullish validation (genuine move)
- Neutral validation (quiet market)
- Bullish climax (exhaustion)
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