One of the most beautiful trading tools that I personally use 🌸

If you are trading on trading platforms and you do not know this indicator, you are the loser.

🍀Volume is one of the most important tools to determine the strength of movement.

Let me explain to you simply what it is and how to use it:

What is volume?
Volume is the number of currencies traded over a period of time (for example, 15 minutes, an hour, a day).
It appears at the bottom of the chart in the form of bars (green = buy, red = sell).
The higher the bar = the larger the volume.
🔎 2. How do you know if the volume is strong or weak?
Strong volume: the bar is very long compared to the previous bars → this means a large influx of liquidity (strong buy or sell).
Weak volume: the bar is short and small compared to the previous bars → this means the market is calm and there is not much interest.

📌 3. General rule:
Price rises + high volume 👉 strong and healthy rise.
Price rises + weak volume 👉 weak rise and may reverse.
Price falls + high volume 👉 strong fall (distribution).
Price falls + weak volume 👉 temporary fall (may rebound).

I hope I helped you even in a little way... support us with your prayer and at least a like and follow, you won't lose anything, my friend 🤍✨️

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