The tweet was deleted by the author.
But we saved everything 🙂.
Volume candle colors show only size, Koroush AK states
Volume candle colors on trading charts do not indicate whether there are more buyers or sellers, according to Koroush AK. The author explains that the green and red colors of volume bars are often misunderstood, and they simply display the size of volume rather than signaling buy or sell activity.
Traders are advised to focus instead on trends in volume such as increases, decreases, or periods of flat activity.
Koroush AK has previously linked flat or decreasing volume to weak market participation in a reversal trading analysis. He has also outlined a five-level roadmap for traders aiming to improve industry performance. These earlier posts provide further perspective on his approach to trading signals and market engagement.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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