medium · Volume Price Analysis validation

If a wide-spread down candle closes at 45.20 after opening at 48.50, and the volume is the highest seen in fifty bars, why is the absence of a lower wick significant?

  1. It signals an impending 'trap down' move orchestrated by market makers.
  2. It indicates that the selling pressure remained uncontested through the close.
  3. It suggests that buyers are quietly accumulating shares at these lower prices.
  4. It proves the market has reached an oversold state and must now reverse higher.

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