easy · Volume Spread Analysis climaxes-tests-springs-upthrusts
After multiple signs of supply in a mature range, price briefly exceeds resistance and then closes back inside. No additional confirmation has appeared yet.
Before acting, what is the most disciplined conclusion about “upthrust after distribution”?
- Treat the observation as provisional evidence consistent with selling climax, then compare background and subsequent bars before increasing confidence.
- Treat the observation as provisional evidence consistent with test of supply, then compare background and subsequent bars before increasing confidence.
- Treat the observation as provisional evidence consistent with upthrust after distribution, then compare background and subsequent bars before increasing confidence.
- Treat the observation as provisional evidence consistent with buying climax, then compare background and subsequent bars before increasing confidence.
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