easy · Volume Price Analysis support-resistance
During an accumulation phase, the price dips below the established support floor and then closes back above it, leaving a long lower wick. Volume is very high.
What is the correct Wyckoff schematic term for this event?
- Upthrust
- Selling Climax
- Secondary Test
- Spring
Sign up free to see the explanation and track your rank →
More Volume Price Analysis support-resistance practice
- What is the immediate trade implication?
- Following an accumulation phase, the market pushes below the… — What is this schematic eve
- A Volume at Price (VAP) histogram shows a large 'High Volume… — As the price approaches th
- What is the most likely outcome?
- If the price is at $158.00 and forms a shooting star on low volume, what is the expected o
- During a sideways consolidation, the price dips below the es… — What is the correct VPA te
- What is the Wyckoffian term for the first candle?
- What trade management step should the practitioner take?