1. Volume Spike Context
2. Blue Box Zones
When price approaches your predefined blue boxes:
3. Upward Breakout Triggers
To evaluate upward breakouts:
Focus on price structure:
4.Volume Behavior at Blue Boxes
- A 150% volume increase is significant, but without buyers stepping in, this can mean:
- Absorption: Large orders are filling on the sell side, suppressing upward movement.
- Liquidity Sweep: Price is testing a key zone to trigger liquidity (e.g., stop-losses or limit orders).
2. Blue Box Zones
When price approaches your predefined blue boxes:
- Observe how price reacts in those zones on lower timeframes (e.g., 1-minute or 5-minute):
- Is price consolidating (building a base)?
- Are there sharp rejections (wicks, tight ranges)?
- Is price forming higher lows (signs of buyers stepping in)?
3. Upward Breakout Triggers
To evaluate upward breakouts:
Focus on price structure:
- A clear break above recent highs on lower timeframes.
- Watch for a clean candle close above the range to confirm buyers have control.
- Ensure the breakout is not a fakeout:
- Price should not immediately drop back into the range after breaking above.
- Look for a retest of the breakout level that holds as support.
4.Volume Behavior at Blue Boxes
- Even without indicators, you can observe volume visually:
- If large volume candles appear near the blue boxes and price holds → buyers may be absorbing supply.
- If price starts moving up with minimal retracement → potential for continuation.
Related publications
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.
Related publications
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.
