medium · Volume Spread Analysis supply-demand-smart-money

Which of the following describes the 'fractal nature' of VSA principles?

  1. A signal on a 5-minute chart is always more reliable than a signal on a daily chart due to higher data frequency.
  2. The logic of supply and demand analysis applies identically across all timeframes, from 1-minute charts to weekly charts.
  3. The market always repeats its historical patterns in 7-year cycles regardless of the volume recorded.
  4. Markets move in 'waves' where each up-move is exactly 1.618 times the length of the previous consolidation phase.

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