Cheers, hope you get something out of this thread...... On that...

Cheers, hope you get something out of this thread......

On that chart you linked to, the writer has deemed the P.Upthrust as a "Pseudo Upthrust" (where as I call them 'absorption bars').
Either way, no matter what you call them, they are a bar which appears to be an upthrust, but does nor respond as a normal upthrust would.

And the R.Upthrust is a reverse upthrust, which I refer to as a shakeout.

As you work your way through the thread, I explain more about each type of bar.
And if you want a more detailed answer, or don't understand something, let me know & i'll try to expand on what I have already written.