easy · Volume Spread Analysis background-trend-context
Price breaks a rising trendline but remains above major range support. No additional confirmation has appeared yet.
Before acting, what is the most disciplined conclusion about “trendline context”?
- Treat the observation as provisional evidence consistent with trendline context, then compare background and subsequent bars before increasing confidence.
- 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 volume confirmation of advance, 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.
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