medium · Volume Price Analysis testing
In a 15-minute EUR/USD chart, the pair rallies toward a known resistance level at 1.0850. The candle at the level is a narrow-spread up candle with a body of 3 pips. The tick volume for this candle is 0.40x the average.
What does this signal about the current trend?
- Selling Climax
- No Demand (Trend Exhaustion)
- Absorption
- Bullish validation
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