Volume confirmation
Read volume against the move it comes with. · 5 min
Charts in this lesson are generated. They are not real market data and predict nothing.
Volume counts how much traded in the period. A move on rising volume had more participants behind it; a move on thin volume is easier to reverse. Volume confirms or questions a move; it does not predict one.
average volume 1515 · biggest bar 2165 = 1.4× average
In the simulator, volume rises with volatility and after shocks, as it does in real markets. Bigger candles tend to come with bigger volume.
Price breaks above resistance on volume 40% below average. What does volume say?