here is an instance where the ultra high volume bar could be mark up thru prior resistance areas
now what we look for is any down move to 1.2800 area to hold with testing or stopping vol
Blogging daily now at www.volume.zone
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DislikedIf there is enough demand to push it above 1.2740, it might be a good place to enter long targeting 1.29
I'm already in but 1.2704 is standing in the way
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DislikedIt did push above 1.274, now waiting to collect at 1.29 probably london sessionIgnored
Dislikedwhat about the sellers hitting is right now ? any concern to you ?Ignored
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DislikedBased on 15 min. price went down on lower volume, also a pin bar near support with the next bar/candle being up. I'm wary now, because volume is still low. Maybe we'll see another test for supply.Ignored
Dislikedany ultra high volume bars have to be taken with warning .. or alarm bells if you think down and you see one of these 90 % of time it is buyers , either sit aside if not in trade and wait for further weakness or see how next few bars act
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