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Tagged: candle stick
It is for daily or weekly traders
volume indicates the strength of price movement, reliability and trend reversal
Weekly positional traders and intraday traders use candlestick analysis. Volume indicates the price and trend reversal.
people who does weekly trade should do candle stick analysis. Volume indicates the trend reversals.
Weekly positional traders and intraday traders use candlestick analysis. Volume indicates the price and trend reversal.
A trader with short-term view on the market can use candle stick. Volumes are important as they tell you the stock that broke the resistance with good conviction or not. Else it can lead to false breakout.
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