medium · Volume Price Analysis support-resistance
If you observe high volume on a breakout but the price spread is narrow and the candle has a deep upper wick, what is the 'Result' relative to the 'Effort'?
- The result is poor given the high effort, signaling an anomaly
- The result is a successful trend continuation
- The result indicates that demand has completely disappeared
- The result is optimal because high volume always validates a break
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