easy · Volume Spread Analysis climaxes-tests-springs-upthrusts
A trader sees a 'Successful Test' on a daily chart. What is the next logical step according to the Practitioner Checklists?
- Check if the higher-timeframe trend is supportive
- Sell the stock to capture the 'Spring' profit
- Immediately place a market order to buy
- Wait for a 'Buying Climax' to confirm the move
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