DislikedThank you for taking the time to respond to my questions. I know it is still early days for your work on this volume indi...
What I understand is that price will "rest" around certain levels to gather strength or momentum to move in a new direction. Be it up or down. I was wondering as to what amount of "Max level" volumes would signal a possible move in either direction....
Have you been able to quantify that? I understand that higher buy volumes would move price long, and vice versa. But I would like to understand if you have spesific...Ignored
1) Price at lower level ( 133.02 ) and some buy volumes pushes the price higher to 133.50 and "rest"
2) Max Buy volume still at 133.02 even price is now 133.50
3) 2 possible outcomes, 1) if price rest too long at this level will drop back to 133.02 and re accumulate; or 2) if Max Buy becomes 133.50 and price will pushes up further.
So, there is no set price level or certain volume to become max. Market will decide that in real time.
Hope that explains.
If everyone believes it, it will work.
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