Understanding Average Block Size

Cyans are professional volume. Yellows are amateurs.

The BB is in a squeeze. You may be looking at the short leg up.

The Cyan in the dense yellow block was probably a close of shorts.

The amateurs were going short right above support – wrong footed.

The next cyan was clearly a buy, as price has been rallying since.

The last cyan I would think was a long cover. As you could see on the downside, this may not be the mark of the high, the amateurs can push this higher until they run out of money.

There is such thing as aiding the break out, but this is not that close to thr high and it was a single print.

credits to Barry Taylor for the Better Volume indicator.