medium · Volume Spread Analysis background-trend-context

A 'Spring' pattern occurs when price penetrates below an accumulation range's support level.

What is the critical volume characteristic that distinguishes a true Spring from a genuine bearish breakdown?

  1. The Spring must have ultra-high volume to show professional buying.
  2. Both have identical volume; the only difference is the news catalyst.
  3. The Spring must have low volume on the penetration and recover quickly.
  4. A breakdown always happens on low volume as the market 'dies.'

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