Hello, I need help in understanding volume action during a pullback. How can reading a volume histogram help in understanding a pullback? What does volume say about the pullback? I mean what does rising volume imply during a pullback, what does falling volume imply during a pullback? If price is pulling back after an upward move, is there a clue in volume size and direction (rising/falling) to help forecast the move after the pullback is completed?

I thank you for all the help regarding my previous questions. This website is a treasure.

--george

Hi,

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