easy · Volume Spread Analysis wyckoff-phases-schematics

If a successful 'Test in a Rising Market' is identified, what should the practitioner expect regarding the trend?

  1. The market has reached a climax and will reverse immediately due to the lack of volume.
  2. The price will gap down to re-test the original accumulation zone.
  3. A period of long-term sideways distribution is about to begin.
  4. The uptrend is healthy and is likely to continue as supply has been confirmed as absent.

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