Market Observation: Volume and Potential Manipulation MOODENG
The chart currently shows two distinct volume spikes, suggesting possible manipulation. Typically, based on experience, manipulation often involves three spikes. With one spike potentially missing, there’s a chance of unexpected movement.
To manage risk effectively, closely monitor the selling volume. If a significant buy volume overtakes the selling volume, consider this a signal to exit the position. For best results, analyze frame by frame and apply careful observation throughout your trade.
Wishing you a successful trading week ahead. Stay vigilant, and have a great weekend.
