$ARB volume is 0.7x its weekly average and that tells a hidden truth
Most traders chase green candles without checking if real money is driving them
Look at $ARB right now sitting at 0.20320 and down 0.7 percent on the day
It bounced hard from 0.18840 up to 0.20840 which puts it at 74 percent of the daily range
The 1h RSI sits at 59 and the 1h ATR shows a normal swing of 1.3 percent
That sounds healthy until you check the 24h volume of 16.8M dollars against the 7 day average
Divide the daily volume by the weekly average and you get 0.7x meaning buyers lack real conviction
Price climbed back toward the highs but nobody is showing up with size to back it
Check this ratio yourself by opening any chart and dividing current daily volume by the moving average volume line
Never trust a bounce when the volume ratio stays below one
What volume threshold do you wait for before opening a trade
#ARB #TradingTips
Most traders chase green candles without checking if real money is driving them
Look at $ARB right now sitting at 0.20320 and down 0.7 percent on the day
It bounced hard from 0.18840 up to 0.20840 which puts it at 74 percent of the daily range
The 1h RSI sits at 59 and the 1h ATR shows a normal swing of 1.3 percent
That sounds healthy until you check the 24h volume of 16.8M dollars against the 7 day average
Divide the daily volume by the weekly average and you get 0.7x meaning buyers lack real conviction
Price climbed back toward the highs but nobody is showing up with size to back it
Check this ratio yourself by opening any chart and dividing current daily volume by the moving average volume line
Never trust a bounce when the volume ratio stays below one
What volume threshold do you wait for before opening a trade
#ARB #TradingTips