hard · Volume Price Analysis vpa-core
A currency pair has been in a six-week downtrend and grinds to a fresh multi-month low. Within that same session it reverses hard to close near the top of the bar's range, with volume surging to 4x the 50-day average.
Under Coulling's volume price analysis naming convention, which label fits this bar, and what does it reveal about who is acting?
- A Buying Climax, where insiders are quietly absorbing panicked selling at the bottom, an early accumulation signal despite the fresh low.
- A Selling Climax, where retail traders are capitulating into insiders who are distributing remaining inventory before the downtrend resumes.
- An Upthrust, where the wide range and heavy volume expose a false break that should fail back beneath the prior low within days.
- A No Supply bar, where the heavy volume and wide spread show that sellers have completely withdrawn from the market.
Sign up free to see the explanation and track your rank →
More Volume Price Analysis vpa-core practice
- A stock has been in a sustained uptrend for three weeks. A c… — How should this be interpr
- What is the most likely price behavior?
- What is the next step in the decision framework to confirm this is an entry opportunity?
- A practitioner is using a 233-tick chart for the ES E-mini.… — What does a 'low volume' ba
- A stock has reached the top of a distribution zone. A candle… — How should the practitione
- What action is most consistent with the VPA framework?
- What is the interpretation?
- A trader identifies a 'Double Top' pattern. The first peak p… — How is this interpreted?