Indicator Notes｜$CFX ｜5-minute volume up 9.3x｜Price up 0.65%
First, a definition: Trading volume is often called the fuel for price movements. For a trend to continue, trading volume generally needs to keep pace—but this is a rule of thumb, not a law.
How to read it: If volume surges while the price stays roughly flat, it means buyers and sellers are very active at this level. To see which way the price will move next, watch to see which side gives way first.
Learning to read indicators is easy. The hard part is sticking to the rules when emotions are running high.
#CFX
Personal notes, not trading advice.
First, a definition: Trading volume is often called the fuel for price movements. For a trend to continue, trading volume generally needs to keep pace—but this is a rule of thumb, not a law.
How to read it: If volume surges while the price stays roughly flat, it means buyers and sellers are very active at this level. To see which way the price will move next, watch to see which side gives way first.
Learning to read indicators is easy. The hard part is sticking to the rules when emotions are running high.
#CFX
Personal notes, not trading advice.