medium · Volume Spread Analysis effort-vs-result-spread
In the 'Checklist for Going Long,' which observation regarding price bars confirms that professional money is supporting the move?
- The low of each bar is equal to or higher than the low of the previous bar.
- The bars show wide spreads with closes consistently in the lower third of range.
- Volume runs ultra-high on every single up-bar as price pushes into new highs.
- Price has traveled at least 10% away from the most recent support zone tested.
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