Thank you TAH and qFish for your thorough responses. I see I have so much digest than anticipated...
Here is a question: if we see a retracement from an existing trend, then that retracement has to have falling volume compared to the existing trend in order to actually be a retracement, right? If that retracement is followed by rising volume, then is not a retracement at all, but an end of the existing trend and possibly a start of a new one?
Marijan
Here is a question: if we see a retracement from an existing trend, then that retracement has to have falling volume compared to the existing trend in order to actually be a retracement, right? If that retracement is followed by rising volume, then is not a retracement at all, but an end of the existing trend and possibly a start of a new one?
Marijan