easy · Volume Price Analysis wyckoff-laws
According to the Law of Cause and Effect, how can a trader estimate the potential strength of a trend breakout?
- By calculating the trading volume printed on the single breakout candle alone.
- By measuring the duration and intensity of the preceding congestion phase.
- By simply checking whether the 20-period volume average is currently rising.
- By observing the vertical distance between the support and resistance lines drawn.
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