Maybe, maybe not. The problem is, its all guesswork and no real edge in this type of analysis. Too many other factors are at work to consider this a viable strategy or even worth analysing.
if your point is that there is no value in analysing volume, I'd have to disagree. price action alone contains less information than price action plus volume. the point is to create a framework for evaluating situations where volume contains information. nowhere in the post do I suggest a strategy.
That wasn't my point at all actually. My reference was to your above analysis of your hypothetical situation. But carry on with your pissy attitude. I'm out