medium · Volume Spread Analysis background-trend-context
A practitioner sees a wide-spread down-bar on high volume during a decline that closes on its high. The following bar is a gap-up. This two-bar sequence is most accurately called:
- Professional Support or a 'Reverse Up-Thrust'.
- An Up-Thrust After Distribution (UTAD).
- A 'Failed Test' because the volume on the down-bar was too high.
- Supply Swamping Demand, as the high volume proves sellers are in control.
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