Some more volume analysis please...may be something like Supply/Demand,
Accumulation/Distribution, Smart Money/Dumb Money etc.:thumb:
Thanks:thumb:
Price, volume and time. These three together make a nice family.
Price spends time above certain level... then we have acceptance... expect trend continuation... after a pause!
price spends very little time above certain lvl... we have attracted sellers... expect them to be aggressive the next time price test the same lvl...!
accumulation / distribution / smart money / dumb money... are a good analysts tools. They are useful to say with great accuracy..why the trade taken... failed....! Of course... such terms are used on hindsight... with amazing effects...!