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think if a stock going to break the support, it must break with high volume. The strength of the sellers can be judged by the depth of the price drive to new lows below the support and the relative level of volume on that penetration.Ī spring involves the penetration of a well-defined support level on low or moderate volume. But In reality, the drop marks the end of the downtrend, thus “trapping” the late sellers or bears. WHY? Because price drop below support appears to signal resumption of the downtrend. Smart money testing demand above old resistance before moving down or testing supply below support before moving up.Smart money placed limit sell order above resistance and limit buy order below support to absorb panic buying or selling by retailers for breakout trading entry by placing stop loss buy order above resistance or stop loss sell order below support Go through the below article for more information You should see strength in the background with stopping volume or a selling climax OR an end of a falling marketĪlso called pin bar or spring or upthrust You should see strength in the background. The second candle should be accompanied by a high volume.The second candle is low below the first candle low, but the close must be above the first candle close and high above the previous candle high.The second candle completely engulfs the first candle and closes above the first candle high.The first candle is a narrow range candle or Doji.Outside Reversal Pattern BULLISH OUTSIDE REVERSAL PATTERN STRUCTURE so please go through this article for more information Look for any reversal candlestick pattern for entryīullish VOLUME PRICE SIGNAL CANDLESTICK PATTERN FOR ENTRY.Wait to test the weakness for confirmation of trend cont….In our Previousarticle, we have discussed Look for any bullish reversal candlestick pattern for entry.Wait to test the weakness for confirmation of the continuation of the uptrend.identify the sign of weakness in an exiting uptrend.The above points are discussed in this article Volume Spread Analysis 4 step Process for Volume Spread Analysis (VSA Trading) Entry Volume spread analysis that suggests a sign of the end of downtrend or end of the pullback in an exiting uptrend are Note: – today we will discuss only finding an entry in an uptrend. I mean how to make a trade based on volume spread analysis in an existing trend That means finding a turning point in a trend either Basically, the volume spread analysis entry strategy is based on reversal trading. Today we will discuss volume spread analysis intraday trading strategy. Data Structures and Algorithms Tutorials.
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