Price up + Volume down = Low reward
There was a significant rally but now it doesn’t look so strong. There is a downward breakout, followed by low volume price increase - but what may come next?
You can’t predict, but you can adjust according to current market situation. In this situation, the buying power is exhausted and probably the best action is to decrease exposure, wait and see where market wants to move next.
Thanks
You can’t predict, but you can adjust according to current market situation. In this situation, the buying power is exhausted and probably the best action is to decrease exposure, wait and see where market wants to move next.
Thanks
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.