DislikedIt would tell me that the high volume was selling volume rather than buying volume. Because if it was buying volume the next bar would have gone higher? That sounds good to me!
If thats right i guess its just a case of reading the bars before it as well. Think i will plot up in the sun and have a read of ther book
Thanks Dan, can you post more charts as you take trades this is the best way for me to learn.Ignored
In the case I was indicating that the buying climax was professional money pushing prices up but were not interested in prices higher than they have already pushed it - a shakeout; trapping the herd into thinking we are going up when in fact the pros are about to short!
Regards,
Dan