easy · Volume Price Analysis testing
At support, volume is extremely high, but several down-bars make very little additional downside progress.
Which working hypothesis does this effort-result mismatch support?
- Possible absorption of selling, to be checked with later price action
- Proof that one identifiable institution bought every share offered at support and will force a rally
- A guaranteed immediate rally
- Evidence that volume no longer matters
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?