I believe that the wave 2 rally has ended with an gravestone doji/inverted hammer hitting resistance and with a decrease in volume . Would like a divergence to be forming to give me more confirmation but there is still none.
Did this work so far or what?
another possible entry at the cross of the blue dashed
hi Tas, could you share the use of volume in forex? i was told volume is not a good measure for forex but better for stocks and indices, its that true? how can i tell if the volume up or down is from buyers ors sellers? thank you very much
Volume on stocks is real volume, volume on forex is tick volume from your broker. You can see if the volume is interest on short going into smaller timeframes and see if the spikes in volume are on green or red candles. Study wyckoff