easy · Volume Price Analysis vpa-core
A practitioner using a 15-minute trading time frame sees a 'Shooting Star' with high volume. However, the 60-minute chart is in a fresh, validated 'Markup' phase.
According to the 'Hierarchy Rule', how should this be handled?
- Immediately exit all long positions as the 15-minute signal is leading.
- Wait for the 5-minute chart to show 'Stopping Volume' before exiting.
- Treat the signal as a temporary pullback within the dominant uptrend.
- Ignore the signal entirely and add to the position.
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