medium · Volume Spread Analysis wyckoff-phases-schematics

A practitioner observes a down-bar with a narrow spread and volume lower than the previous two bars. This occurs after a significant 'Shake-out' bar.

What is this secondary signal called?

  1. A Hidden Up-thrust at a market bottom
  2. A Test of Supply after a Shake-out
  3. A No Demand bar confirming the shake-out failed
  4. Bag Holding, as professionals support the lows

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