$BNCB volume is 3.1x its weekly average. Here is how to read that before you trade
Most traders chase price and ignore the fuel behind it
Right now $BNCB sits at 5.6400 up 11.5 percent on the day
The 24h volume hit 6.9M which is 3.1 times the 7 day average
That means real capital stepped in not just thin air
When volume triples on a move the breakout has actual weight
When volume is low the same pump is just an empty trap
Open your volume indicator on the daily chart right now
Divide today total by the moving average line to find your ratio
What is your minimum volume multiplier before you enter a trade
#BNCB #TradingTips
Most traders chase price and ignore the fuel behind it
Right now $BNCB sits at 5.6400 up 11.5 percent on the day
The 24h volume hit 6.9M which is 3.1 times the 7 day average
That means real capital stepped in not just thin air
When volume triples on a move the breakout has actual weight
When volume is low the same pump is just an empty trap
Open your volume indicator on the daily chart right now
Divide today total by the moving average line to find your ratio
What is your minimum volume multiplier before you enter a trade
#BNCB #TradingTips