Hi, can you help me understand this?
Where I marked with the black arrow we have a gap after a doji that seemed bullish with a strong bullish pression (you can see the long shadow). At the same time, however, the volume for that day was very low compared to that of the previous day's volume. The next day begins with a gap and an increase in volume.
I have two questions:
1) In a situation like this in case you found yourself on the doji candle, what would you have done? would you have seen the volume decrease and you wouldn't have entered bullish?
2) The next day, given the gap and the increase in volume, what would you have done? Would you have entered bullish or seeing the gap would you have entered bearish?
Where I marked with the black arrow we have a gap after a doji that seemed bullish with a strong bullish pression (you can see the long shadow). At the same time, however, the volume for that day was very low compared to that of the previous day's volume. The next day begins with a gap and an increase in volume.
I have two questions:
1) In a situation like this in case you found yourself on the doji candle, what would you have done? would you have seen the volume decrease and you wouldn't have entered bullish?
2) The next day, given the gap and the increase in volume, what would you have done? Would you have entered bullish or seeing the gap would you have entered bearish?