Most Important Chart Aspect?

Quite simply, what do you consider as the most important aspect of a chart and why?

 

Volume-leads the price.

 

The shape.

And what I've learned over the years is what happens right now on the chart can be the start of a trade setup but the actual entry might be many days away. But it depends on the timeframe.

Let's say you're looking at the 60m. What happens on Monday at 9am might lead to a trade on Thursday.

 

What do you mean?

 

Does volume create the different shapes?

 

That's right.Same is for the profit taking.

 

Hey Dax


What;

The footprint left by price


Why

Helps me visually see where.., and where not – price wanted to go… how adamant is was about getting there…. and where the sticking levels were/ are

Then helps in me figure out where price may decide to go next

Also shows me where low risk attempts to find out - are


RN

 

Volume Sunshine after the Rain and joy after the pain,it`s easy to comprehend - simple and plain.

 

Presence of a strong trend is first.

 

A few horizontal lines/the time of day/what happened yesterday.