Rafi Sahab, obviously we cannot anticipate whether there will be any spike in volumes or not when price reaches point 5...... However, formation of WW is not dependent on volumes..... Spike in volumes is only related to extra confirmation and gives us more confidence that this WW would turn in our favour.... I hope you got what I mean.....
We look for a spike in volumes when price reaches point 5...... If there is good enough volumes, we take the trade; otherwise not...
We look for a spike in volumes when price reaches point 5...... If there is good enough volumes, we take the trade; otherwise not...