This video is to show how areas of high volume can act as a great tool for Technical Analysis .

The settings were as follows:
– Timeframe 15 minutes
– Lookback average (10) equaling 150 minutes
– Volume above 250% above the lookback average

What we could see at the start of the video was that there were previous red zones where there had been above 250% down volume .

This was recovered by high up volume creating further green zones that were then recovered .

This is just one of many tool that can assist you with your Technical Analysis .

Where does this leave us, with a potential to sweep the current low to grab the green zone followed by a reversal or price move up to the newly created red zones.