nice! whilst noob books talk of high volume “confirming” a move, in truth high volume implies a change in the demand and supply ratio. Reply
ha ha ‘noob’ – haven’t seen you on bf3 in a while I am not saying the selling is over but by looking at that chart if today and tomorrow have less downside volume then it could be past. Volume confirming can be confusing however this is logical : high volume price down = bearish high volume price down moderately = bullish Reply
nice! whilst noob books talk of high volume “confirming” a move, in truth high volume implies a change in the demand and supply ratio.
ha ha ‘noob’ – haven’t seen you on bf3 in a while
I am not saying the selling is over but by looking at that chart if today and tomorrow have less downside volume then it could be past.
Volume confirming can be confusing however this is logical :
high volume price down = bearish
high volume price down moderately = bullish