When Their is Bullish Price action, volume decreases, and thus does not agree with the rising prices. When Bear Prices increase, Bear volume increases along with it indicating a congruence and agreement. This simple analysis tells us that Bears are still in control on the daily time frame.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.