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OK have just noticed that your last bar is muchhigher volume...

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fumoy

1,848 Posts.

10

03/01/16

23:12

Post #: 16719381
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Originally posted by fumoy ↑

Thanks Jacko, very much appreciated.
3 points- questions
1. Is the PSV also "selling climax and testing of this is a very strong sign of strength".
2. The last upbar is lower volume than the 21/12 and 22/12 high vol down bars, yet has risen higher in price and wider in spread than the preceding bar of lower vol. Is this a typical sign of weakness using VSA?

Although agree that overall the chart looks like going higher..but

3. If the price goes higher tomorrow or next days, then should the volume also be greater than the PSV volume bars- or the test volume bar on the 29th, for the chart to maintain the price levels?

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OK have just noticed that your last bar is muchhigher volume than my chart and also gamefishermans chart.
hence the reason why u talk about this being high volume- which I could not understand.
u have the last bar as higher volume than the PSV volume - yet other charts have it lower.....??
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