medium · Volume Spread Analysis effort-vs-result-spread

Which of the following descriptions best matches a 'Mushroom Top' distribution pattern?

  1. A rapid, sharp spike to new highs on ultra-high volume, followed by a vertical price collapse.
  2. A series of wide-spread up-bars closing firmly on their highs, each showing steadily increasing bullish volume.
  3. A period of high-volume accumulation on the way up, followed by a quiet, low-volume test.
  4. A slow rounding-over of prices characterized by no-demand bars on rallies and high volume on dips.

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