Let’s talk about PRICE & VOLUME
1. Price
Price is the final agreement between buyers and sellers.
Every candle tells a story.
For example:
Large bullish candle
Meaning:
Buyers dominated.
Large bearish candle
Meaning: Sellers dominated.
Small candles
Meaning: Balance.
Long wicks
Meaning: Rejection.
Everything starts with price.
2. Volume
Volume tells you:
How much participation occurred.
Example: Price moves up.
Question:
Did many traders participate?
If yes: High volume.
If no: Low volume.
This changes everything.
Imagine two breakouts.
Breakout A
Price breaks resistance.
Volume doubles.
Interpretation: Strong conviction.
Breakout B
Price breaks resistance.
Very low volume.
Interpretation: Weak breakout.
Higher chance of failure.
Volume answers:
"How much effort produced this move?"
Do what ever you like with this information
