medium · Volume Price Analysis support-resistance

In a 'Rising Triangle' pattern, what volume behavior confirms that the ceiling at resistance is likely to break to the upside?

  1. Falling volume overall as the entire pattern compresses tightly toward the apex
  2. Ultra-high volume readings appear on the pullbacks with long upper rejection wicks visible
  3. Declining volume on each pullback (higher low) and rising volume as it approaches the ceiling
  4. Consistently average volume readings on both up-moves and down-moves throughout the entire pattern

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