JayneshKasliwal
JayneshKasliwal

@JayneshKasliwal

11 Tweets 51 reads May 02, 2024
It took me 3 years to understand Volume Price Analysis
I'll explain in next 10 tweets
A thread🧵
RT for max Support
Support Resistance
✅They simply represent the 'extreme' psychological levels of fear and greed in that particular price region and time.
✅Strength of Buyers = Sellers
✅Lower volatility price congestions
What to look for breakout entry :
Breakout on High Volume
✅Volume increasing on right side of base
✅Bullish candlestick charts ,with no upper wicks
✅Low volumes on pullback
Example : HSCL
Accumulation
✅During accumulation, there is typically a gradual increase in buying activity, often accompanied by relatively low price volatility.
✅In VPA, accumulation is characterized by steady price advances on increasing volume, suggesting that smart money is accumulating positions.
✅During the contraction phase, traders pay close attention to trading volume. Ideally, volume should decline as the price range narrows, indicating diminishing selling pressure.
✅Lower volume during the contraction phase followed by an increase in volume during the breakout is considered a bullish signal.
Distribution
Distribution is often identified by price advances on decreasing volume or by price declines on increasing volume, indicating that smart money is distributing their positions to less informed market participants
Climax Selling
✅A sudden surge in trading volume, known as climactic volume,
✅It is end of a trend or a reversal in market direction.
✅Highest Red volume bar at top of trend
✅Bearish Candlestick Pattern at top of trend
Complete Market Cycle
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