interesting study on APPL from intra day chart earlier in the week, showing all we need is vol and price action . starting with above avg vol on a hammer we know we are close to a trend in the up direction, we then see decrease vol in up trend which signals we are not ready yet. we then see accumulation at the 330 level a nice move up with increased vol and strong vol on close. the open next day sets the momentum to the next price level, above avg vol with bullish candles taking this one right through the price levels. textbook volume price action

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.