liquidity is not a guarantee of a move, traders desperation should also be there.
If it's falls on low volume, then opposition is not there.
If it's falls on high volume then it's win after fight.
If it's no move up or down with high volume then fight is going on.
If it's no move up or down with low volume then not many are interested, better stay out.
If it's falls on low volume, then opposition is not there.
If it's falls on high volume then it's win after fight.
If it's no move up or down with high volume then fight is going on.
If it's no move up or down with low volume then not many are interested, better stay out.
Is d above 4 lines generally applicable,
Personally find Volume very Confusing.