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Understanding Volume Tests in Trading by Bạn Hữu Nhà Đất is a document available to read on EtoBox.

What is Understanding Volume Tests in Trading about?

The document discusses how insiders use low volume tests in markets to gauge supply. A successful low volume test with a narrow body and deep lower wick confirms that selling pressure has been removed. However, a high volume test is problematic as it means sellers are still in the market and more work must be done to absorb old positions before rising further. On a failed high volume test, insiders will need to take the market back down to shake out remaining sellers.

Author

Bạn Hữu Nhà Đất

Language

EN