easy · Volume Spread Analysis wyckoff-phases-schematics

In the Accumulation phase, why does volume typically remain low on rallies within the trading range?

  1. There is a massive amount of supply that professionals are unable to absorb.
  2. High volume is only possible during the Mark-down phase.
  3. Professionals do not want to chase prices higher and trigger a premature breakout.
  4. Retail traders are afraid to buy and are waiting for lower prices.

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