$WLD 5 The minute's trading volume was about $11.76 million, 18.1 times the previous average; meanwhile, the price fell 1.38%.
Let's use this figure to break down trading volume.
Sudden spikes in minute-level volume are not uncommon, and a large trade on a single candlestick may just be a one-off burst of activity. Several consecutive high-volume candles are more informative.
After a steep drop, if volume picks up but the price stops falling, some may see it as a sign that buyers are stepping in—but this also needs confirmation from subsequent candles.
If you're using leverage, keep extra margin on hand. Don't let a single wick wipe out your position.
#WLD
Let's use this figure to break down trading volume.
Sudden spikes in minute-level volume are not uncommon, and a large trade on a single candlestick may just be a one-off burst of activity. Several consecutive high-volume candles are more informative.
After a steep drop, if volume picks up but the price stops falling, some may see it as a sign that buyers are stepping in—but this also needs confirmation from subsequent candles.
If you're using leverage, keep extra margin on hand. Don't let a single wick wipe out your position.
#WLD