It is necessary to study it over and over again! The technical relationship between the volume and price of a currency should be based on the following essence:
Relatively low volume or shrinking volume rise, the subsequent rise is likely to be high,
Relatively high volume or shrinking volume fall, the subsequent fall is likely to be high,
Relatively high volume shrinking rise, the subsequent fall is likely to be high,
Relatively low volume shrinking fall, the subsequent fall is likely to stop,
Relatively low volume shrinking fall, the subsequent rise is likely,
Relatively low volume shrinking sideways, the subsequent rise is likely,
Relatively high volume shrinking sideways, the subsequent rise and fall are half and half.
Note:
1. The above essence is applicable to the situation where the market is not soaring or plummeting or continues to be extremely depressed.
2. At the same time, specific problems need to be analyzed specifically.
