Hi Youngbuck
yes the volumes recede towards the breakout in 83% of cases
refer here
http://thepatternsite.com/dt.html
a trending increase in volume is then expected during the breakout.
Bear in mind, with this pattern we are now talking about the potential of Busting the down trend and reversing to go long again....
cheers
chart, page-19
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Last
35.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $515.6M | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 36.0¢ | 34.5¢ | $670.1K | 1.893M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 44785 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.5¢ | 22453 | 2 |
View Market Depth
| Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
| IMM (ASX) Chart |