When we talk about methods of analysis of price movement. I prefer use volume analysis. Based on theory of Market Profile by Peter Steidlmayer a trader on Chicago Board of Trade. It is very useful method but too limited in my opinion. To develop this method we created a program Volfix.net which increase possibility of market profile.
Firstly we understand that sometimes there are big splash of volume within a day. Why we add a specific modules in our platform like Claster Profile, Claster Chart . Where we can see not only distribution and accumulation of volumes but strong splashes of volumes in short time. Often these short splashes more important than general accumulation. Look at the picture. You can see big short splash of volume at the bottom. And price movement was stopped by volumes. And price reversed.
These examples and a lot of others you can read on our official site www.volfixtrader.com.