๐Ÿ“ Post: Trading Thursday (PL + EN)
๐Ÿ‡ต๐Ÿ‡ฑ Trading Thursday: Volume is your fuel! โ›ฝ
Price on the chart is only half the truth. The other half is hidden in the bars at the bottom โ€“ Volume. Why is it so important?
โœ… Trend Confirmation: If the price rises and volume increases with it โ€“ the trend is strong and healthy. It's the "fuel" pushing the market up.
โš ๏ธ Trap Warning: If the price rises but volume decreases โ€“ watch out! This is often a "fakeout." The tank is empty, and the price might crash soon.
Never look at candles in isolation. Volume is the voice of the big players.
Do you check volume before entering a trade, or do you trust price alone? Let me know in the comments! ๐Ÿ‘‡
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