All the individually strong bars have an equal and opposite...

  1. 16,642 Posts.
    lightbulb Created with Sketch. 1291
    All the individually strong bars have an equal and opposite mirror image for the potentially weak bars.

    Bag holding is the strongest individual bar.......End of a rising market is the mirror image weakest bar
    Then all of the different potentially strong climactic bars......have an equal and opposite weak bar
    Then a shakeout (sign of strength)........and an upthrust (sign of weakness)
    and a test/no supply bar (SOS) ...........no demand (SOW)

    Test bars work best when the market is being supported, and is in an uptrend.
    There will be test bars in a downtrend, but they either won't work very well or will fail outright (and a failed test is considered a sign of weakness in itself).

    Is that what you mean ??


    cheers
    Last edited by Jako8557: 11/09/16
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.