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Cheers Jako - I struggle with no demand and no supply bars, is...

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gypaetus

1,270 Posts.

23/04/17

00:50

Post #: 24215274
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Originally posted by Jako64 ↑

@gypaetus

Just be aware that yes those three individual bars you marked were "potentially" no demand bars.
But when put into context with the overall chart, there is no weakness already in the immediate background, and no downside follow after any of those bars to confirm them, so really....they have to be something else......perhaps you could name them "fake no demand bars", or something like that.......
In my mind they were just bars which floated up on low volume, because there was a lack of selling pressure at the time.

cheers

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Cheers Jako - I struggle with no demand and no supply bars, is there a way to tell them apart?
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