A sustained uptrend where prices break out and move higher.
– Identifies the secondary trend and value areas. Look for pullbacks to the 20 SMA, prior support/resistance, or volume nodes. This frame answers: Where is the potential low-risk entry zone? A sustained uptrend where prices break out and move higher
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Shannon views volume as the "emotional condition" of participants. High volume at turning points often signals accumulation or distribution. Moving Averages: