Interesting, but I'm not convinced :D
Volume is still on a downward trend which makes a break out less likely (to give one reason)
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Interesting, but I'm not convinced :D
Volume is still on a downward trend which makes a break out less likely (to give one reason)
Well less volume means less sellers as well. There are plenty of instances where prices trend upwards on low volume. Though I do get what you are saying where there is often a search of buying pressure to kick off the bullish run.