Nice setup - could you please guide how do u use volume analysis ?
TerryHarmonicTrading
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@gulz, a simple way i use it is to make sure I see some abnormal volume coming in before price hits the PRZ. I use the free VSA indicator on tradingview and abnormally high volume is marked in black.
gulz
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@TerryHarmonicTrading, thanks
How do you correlate abnormal volume with fund inflow or outflow ?
TerryHarmonicTrading
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@gulz, from the books of Tom Williams, it is effort vs reward. Right at the top of a channel, if it is super high volume but price closes near the low. It is sellers overcoming the buyers. The areas which these abnormal volume take place is very important.