Replaying Trade Setups - High Volume Recovery
This video is to show how areas of high volume can act as a great tool for Technical Analysis .
The settings were as follows:
- Timeframe 15 minutes
- Lookback average (10) equaling 150 minutes
- Volume above 250% above the lookback average
What we could see at the start of the video was that there were previous red zones where there had been above 250% down volume .
This was recovered by high up volume creating further green zones that were then recovered .
This is just one of many tool that can assist you with your Technical Analysis .
Where does this leave us, with a potential to sweep the current low to grab the green zone followed by a reversal or price move up to the newly created red zones.
The settings were as follows:
- Timeframe 15 minutes
- Lookback average (10) equaling 150 minutes
- Volume above 250% above the lookback average
What we could see at the start of the video was that there were previous red zones where there had been above 250% down volume .
This was recovered by high up volume creating further green zones that were then recovered .
This is just one of many tool that can assist you with your Technical Analysis .
Where does this leave us, with a potential to sweep the current low to grab the green zone followed by a reversal or price move up to the newly created red zones.