easy · Volume Spread Analysis background-trend-context
The last three swing highs are 80, 76, and 72, while swing lows are 74, 70, and 66. No additional confirmation has appeared yet.
Before acting, what is the most disciplined conclusion about “lower-high lower-low sequence”?
- Treat the observation as provisional evidence consistent with higher-high higher-low sequence, then compare background and subsequent bars before increasing confidence.
- Treat the observation as provisional evidence consistent with lower-high lower-low sequence, then compare background and subsequent bars before increasing confidence.
- Treat the observation as provisional evidence consistent with volume confirmation of advance, then compare background and subsequent bars before increasing confidence.
- Treat the observation as provisional evidence consistent with cause built in a range, then compare background and subsequent bars before increasing confidence.
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