easy · Volume Price Analysis wyckoff-laws

According to the Law of Cause and Effect, what determines the potential magnitude and duration of a subsequent price trend?

  1. The number of retail participants who are trapped in the wrong direction during the consolidation.
  2. The speed at which the price moves once it exits the congestion zone.
  3. The total volume traded on the single breakout candle that initiates the move.
  4. The depth and duration of the preceding accumulation or distribution phase.

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