easy · Volume Spread Analysis climaxes-tests-springs-upthrusts
After a successful breakout above a resistance level of 120, the price pulls back to 120.50. The volume on this pullback is only 0.45× the average.
How should a trader view this situation?
- End of a Rising Market
- Successful Test of the breakout
- Upthrust After Supply
- Effort without Result
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