hmmm..a high volume means large number of trader fighting for their beliefs, so when one side wins it has much greater probability of continuing more in that direction as losers from previous battle will support this.
hmmm..a high volume means large number of trader fighting for their beliefs, so when one side wins it has much greater probability of continuing more in that direction as losers from previous battle will support this.
It basically means people start shrting it thinking its a retacement and people who are already long below have no fear in adding to profitable positions guess who ends up winning