medium · Volume Spread Analysis wyckoff-phases-schematics

Which trade set-up sequence is most commonly associated with the 'Mushroom Top' distribution phase?

  1. End of a rising market followed by an up-thrust and then multiple no-demand bars.
  2. Stopping volume, then a shake-out, followed by a test in a rising market.
  3. A selling climax followed by a successful test and then a breakout on rising volume.
  4. A gap-up into fresh new highs on ultra-high volume that closes right on the highs of that bar.

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