ilmscore | Volume Analysis in Trading 📊 (Volume Indicator & Trading Strategy)

Volume Analysis in Trading 📊 (Volume Indicator & Trading Strategy)

Published: 2024-09-01
Status: Analyzed

Predictions from this Video

Total: 7
Correct: 0
Incorrect: 0
Pending: 7
Prediction
Topic
Status
A breakout candle with volume significantly larger than previous bars indicates a very bullish and significant breakout, suggesting continuation.
"in order for the breakout to be more significant what we want to see here is that we want the volume bar during the breakout candle to be larger compared to the previous volume bars so if the volume for example looks something like this this right here is a very bullish sign"
Technical Analysis (Breakouts)
Pending
A breakout candle with volume similar to previous bars indicates a less significant breakout that is more likely to fade or reverse.
"if you imagine the volume looking more perhaps something like this you know the volume during the breakout was pretty much the same as the O other volume bars this makes the breakout a little bit less significant and more likely to fade"
Technical Analysis (Breakouts)
Pending
An uptrend supported by increasing volume is more likely to continue successfully, whereas an uptrend with decreasing volume is more likely to fail (reverse or end).
"if you for example take a look at this image right here you can see that we have one uptrend here to the left and we have another identical uptrend here to the right but the difference here between these two charts is that for one chart we see increasing volume or in other words more and more buyers are supporting the move but in the other example we can see that the volume is decreasing with which means that less and less buyers are supporting the move and because of this the chart to the right here is a little bit more likely to actually fail compared to the chart to the left"
Technical Analysis (Trend Analysis)
Pending
A bullish price candle accompanied by high trading volume indicates strong market agreement and makes the upward move more likely to continue.
"when we have more buyers supporting the move it means that more Market participants are agreeing that this is a valid move and this makes this volume bar right here more bullish"
Technical Analysis / Trading Strategy
Pending
A price breakout is considered more significant and indicates a very bullish sign if the volume during the breakout candle is substantially larger than previous volume bars.
"in order for the breakout to be more significant what we want to see here is that we want the volume bar during the breakout candle to be larger compared to the previous volume bars so if the volume for example looks something like this this right here is a very bullish sign"
Technical Analysis / Trading Strategy
Pending
A price breakout that occurs without a significant increase in trading volume (i.e., volume similar to prior bars) is less significant and more likely to fail or fade.
"if you imagine the volume looking more perhaps something like this you know the volume during the breakout was pretty much the same as the O other volume bars this makes the breakout a little bit less significant and more likely to fade"
Technical Analysis / Trading Strategy
Pending
An uptrend showing decreasing trading volume, which implies weakening buyer support, is more likely to reverse or fail compared to an uptrend with increasing volume.
"the volume is decreasing with which means that less and less buyers are supporting the move and because of this the chart to the right here is a little bit more likely to actually fail compared to the chart to the left"
Technical Analysis / Trading Strategy
Pending