Volume
Are you monitoring the "trading volume"? Here’s why you shouldn’t ignore it!
Volume or "trading volume" is one of the strongest tools that many overlook. An increase in volume with price movement = confirmation of the trend's strength.
Simple examples:
Sudden rise with low volume? = Often a trap!
Breaking resistance with huge volume? = Strong entry signal
Price drop with weak volume? = Minor correction that isn’t alarming
Professional tip:
Watch for volume coinciding with large candles, as they reveal the market's true intentions: Are buyers serious? Or just quick speculation?
Summary:
Don’t look at the price alone… without volume, the analysis is incomplete!