medium · Volume Price Analysis testing
A trader identifies a possible 'No Supply' bar in a downtrend. The candle has a narrow spread (4 pips) and the volume is only 0.25x the 20-bar average.
Why is this candle significant for a potential reversal?
- It validates a continuing Price Waterfall
- It indicates a high-volume battle between buyers and sellers
- It confirms that professional selling pressure has evaporated
- It is an Upthrust signal
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?