Sweeps occur when aggresive buyers or sellers enter the market and aggresively start pushing price higher (or lower). These actions often leave small volume nodes behind which we can recognize with the sweeps
In the example attached we see a sweep through the bar with 4,0,0,0 volume at the ask
sweeps can also be extended tot the right for a fixed number or bars, until broken , or until tested.
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In review
💡 Feature Request
About 1 year ago

nookie
Get notified by email when there are changes.
In review
💡 Feature Request
About 1 year ago

nookie
Get notified by email when there are changes.