Effort vs. Result. If volume is high (effort) but the spread is small (little result), a reversal is imminent. If volume is low (little effort) but the spread is large (big result), the trend is strong.
: Where the price finished relative to its range, revealing which side (buyers or sellers) gained control during that period. Three Fundamental Principles vsa trading strategy pdf
Institutional players sell to retail traders at peak prices, often showing wide spreads on high volume. Markdown: A downtrend occurs as supply floods the market. VSA Trading Resources & PDFs Effort vs
This occurs after a significant decline in price. vsa trading strategy pdf