Objectively speaking, $CFX has seen a sudden volume spike over the past hour—volume is 19.1 times the usual level, and the price is down 5.32%.
I don't look at the first candle. I watch the next one after the volume spike: if it holds, that's the real direction; if it doesn't, it's just a short-lived burst.
How do you usually handle a volume spike?
#CFX
My view may not be right. Please manage your own risk.
I don't look at the first candle. I watch the next one after the volume spike: if it holds, that's the real direction; if it doesn't, it's just a short-lived burst.
How do you usually handle a volume spike?
#CFX
My view may not be right. Please manage your own risk.