The lack of volume on retests of a support areas and resistance areas is sometimes a good entry. A lot of traders place there buy/sell stops near these places to add to there position thinking the trend will continue only to get stopped out.
The lack of volume on retests of a support areas and resistance areas is sometimes a good entry. A lot of traders place there buy/sell stops near these places to add to there position thinking the trend will continue only to get stopped out.
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