Things I learned from Volume Price Analysis - Anna Couling
Volume should represent the spread of the candle if the volume is huge but the spread is little that is usually a sign of reversal
Volume with candle stick patterns confirms reversal
If volume isn’t matching the trend than that means trend is probably coming to an end and showing signs of weakness
Volume can confirm a breakout and shows signs of accumulation/ distribution . The longer the consolidation the bigger the breakout
Market cycles. Really important to learn
Volume can also confirm fake outs and traps. There are a lot of examples of traps with different candle sticks but the volume has to match the candle to show strength
Low volume on breakout pullbacks usually don’t mean much and the breakout should continue
Volume with pivot points usually confirm reversals
Btw don’t expect to get used to this in one day you have to keep coming back and reviewing and it’ll eventually come with experience
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