medium · Volume Price Analysis wyckoff-laws
An accumulation zone lasts for 200 bars on a 5-minute chart. Another accumulation zone lasts for 200 bars on a Weekly chart. Both have a 5% vertical height.
How do their projected 'Effects' differ?
- They both will result in an identical fixed dollar price move regardless of the starting price level.
- The 5-minute move will be more powerful and reliable because it is more 'current' and recent.
- There is essentially no meaningful difference in the sustainability of the two projected moves.
- The Weekly chart move will likely last for months, while the 5-minute move will last for hours.
Sign up free to see the explanation and track your rank →
More Volume Price Analysis wyckoff-laws practice
- What is the confidence level for a short entry?
- Which phase of the Wyckoff cycle follows 'Accumulation' and is confirmed by a high-volume
- What does the volume on the rallies indicate?
- What is the Wyckoff interpretation?
- A trader is analyzing a potential 'Triple Top'. Peak 1: high… — What does this progression
- Why do markets typically fall faster than they rise, and how is this reflected in the VPA
- A stock has declined from 80 to 60. At 60, you see a series… — What is the 'Cause' in this
- If a currency pair consolidates in a 150-pip range for 8 weeks on a daily chart, what is t