
Day 6 📚 | Volume Analysis Price tells you where the market is moving, but volume helps you understand the strength behind that move. 📊 Let's understand the basics 👇 1️⃣ High Volume High volume shows increased trading activity. If price breaks resistance with strong volume, it can indicate stronger buying interest. 2️⃣ Low Volume A breakout with weak volume may lack participation and has a higher chance of failing. Always wait for price confirmation. 3️⃣ Volume at Support & Resistance • Low volume as price approaches a level can indicate weakening momentum. • High volume during a rejection can suggest strong buying or selling pressure. • High volume alone doesn't guarantee a reversal. 4️⃣ Volume During Breakouts A breakout with a strong candle and increased volume can provide better confirmation than a breakout on weak volume. Remember Volume doesn't predict the future or guarantee a successful trade. Always combine it with price action, support & resistance, and proper risk management. Learn to read the volume not just the candles. Have any doubts? Ask in the comments! 💬
