The correct reading of price with trading volumes (volume): 🤓
1- A price increase with an increase in volume is considered a positive rise.
2- A price increase with a decrease in volume is considered distribution.
3- A price decrease with an increase in volume is considered a correct decline.
4- A price decrease with a decrease in volume indicates the end of the decline and the approach of a rebound.
5- The appearance of very high volume at a peak or after a price increase indicates strong selling and is considered one of the indicators of the end of the rise.
6- The appearance of very high volume at a bottom or after a price decrease indicates strong buying and is considered one of the indicators of the end of the decline.