Predict the failure of a price level by footprint chart?

kickmanne

Newbie
Hi Traders,

How do we know by the footprint chart that the orders in a specific price level have been cleared to break it or that the orders have been filled to return from that level? Any ideas?
 

Henow1969

Well-known member
Footprint charts provide additional information, such as trade volume and order flow, in addition to price, like candlestick charts. In addition to the security's price, it provides an investor with more information for analysis. It is a unique offering that has gained popularity among leading charting software providers.
 
 
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