Volume Setup

Scenario 1: Price consolidation

• Prices are above EMA 200 in PT (30 mins)
• If Prices are above mapped EMA then chance to succeed is high
• Go to CT start from 5 mins
• Look for consolidation pattern
• Draw resistance
• Wait for green candle to break
• There should be a 1 red candle before the breakout green candle otherwise increase the time until visible
• There should be a dry down on the red candle
• The green candle should have higher volume than the red candle(dry down candles)