easy · Volume Price Analysis testing
A trader is monitoring a 15-minute Forex chart. A 'No Demand' bar appears after a 2-day rally.
What is the characteristic of this bar?
- A wide-spread up candle that fails to break through a nearby resistance level.
- An up candle with a narrow spread and volume significantly lower than the recent average.
- A down candle showing a long lower wick on ultra-high volume, suggesting strong buying support.
- A narrow-spread up candle occurring on ultra-high volume relative to recent bars.
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