hard · Volume Spread Analysis background-trend-context
A practitioner identifies 'No Demand' at a potential market top.
Why is it recommended to wait for a down-bar to confirm the signal before entering a short position?
- To ensure that the 'Negative Response' principle applies and professionals have truly withdrawn.
- To wait for a gap down to ensure the best possible entry price.
- Because 'No Demand' is only valid if the volume is the lowest in twenty bars.
- To allow time for a 'Buying Climax' to develop first.
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