medium · Volume Price Analysis validation

A candlestick has no upper wick, a very small body, and a lower wick that is 3 times the length of the body. The close is 2 pips below the open. Volume is 20% of the daily average.

What is the institutional narrative?

  1. A bearish hanging man candle signaling that insiders are preparing for a massive markdown move soon.
  2. The market tested lower prices and found no sellers, confirming a successful no-supply test.
  3. Buying climax volume in which the public panics and dumps its long positions in fear.
  4. An upthrust move where insiders quietly clear out the resting buy-stops ahead of the reversal.

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