Suggests bearish sentiment (demand was absorbed, or supply overpowered demand).
Originally developed by Richard Wyckoff and refined by Tom Williams, VSA moves you from being a reactive trader to a proactive one by revealing the true intentions of institutional players. The Three Pillars: Volume, Spread, and Close volume spread analysis abcs of vsa
A narrow spread, downward-moving candle with very low volume, appearing in an uptrend. It indicates a lack of sellers, allowing the market to rise. Suggests bearish sentiment (demand was absorbed, or supply
An exceptionally wide up-bar on ultra-high volume, closing in the middle or lower third of the range. Suggests bearish sentiment (demand was absorbed
Enter the trade on the confirmation bar. Place your stop-loss just outside the high of an Upthrust (for shorts) or the low of a Spring (for longs). Conclusion