your first BC> we closed lower on lower vol(see effort vs result)
2nd where u wrote buying> what s the immediate reaction? wide spread down bar> meaning there are sellers inside that bar
3rd. shakeout yes> but what s the result of that?
all this represents only my humble opinion ofc, but it s how i use lousy tick vol to try and find some consistency. also, ussually news will be priced in(the background will win) but that doesn t mean they won t try and liquidate traders out of positions.
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