medium · Volume Price Analysis testing
An Upthrust appears on a 5-minute chart of the ES E-mini. The trader notices that the Volume at Price (VAP) histogram shows a 'low-volume node' just above the resistance level.
How does this affect the signal?
- It suggests the Upthrust is actually a hidden accumulation signal in a very clever disguise here for insiders.
- It makes the Upthrust much less likely to fail, since no real resistance remains above the current price at all.
- It indicates that an aggressive, high-volume short squeeze is about to occur very soon, likely within the next few sessions.
- It confirms that the price was pushed into a 'vacuum' where no buyers exist, increasing the probability of a reversal.
Sign up free to see the explanation and track your rank →
More Volume Price Analysis testing practice
- An up candle with a very narrow spread and very low volume a… — What does this specificall
- What is the most likely outcome?
- A trader identifies a congestion zone between $120 and $125.… — What is the significance o
- Following a distribution phase, the price rallies briefly ba… — What does this indicate?
- What does a 'Failed' test of demand look like and what are the implications?
- Which volume signature characterizes 'No Supply' at the end of a bearish trend?
- What is the primary difference between a 'failed test of supply' and a 'successful test of
- What is the trade implication?