easy · Volume Price Analysis validation
A wide-spread bullish breakout candle closes above a known resistance level, but its volume is significantly below the 20-bar average.
What is the most likely interpretation?
- The beginning of a Price Waterfall phase.
- A 'trap up' move where insiders are not participating in the advance.
- A strong breakout that signals a lack of resistance, allowing price to move easily.
- A successful test of demand that confirms buyers are in control.
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