Disliked{quote} A true test is a downbar, an upbar test is called a hidden test. Regardless of name or down vs. upbar was does the make up of a test represent? In the world of VSA a test bar usually will open on it's high, head down and the close in the upper 50% of the range. To be a true basic test we treat it by the same rules as a NS in that we prefer to see volume lower than the previous 2 bars. So this shows that the market headed down to test for selling interest and when we see the close well up in the range it is said to mean that no sellers were...Ignored
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- Nov 17, 2013 7:41pm Nov 17, 2013 7:41pm
- Joined Sep 2010 | Status: I'm not here... or am I? | 3,999 Posts
Today's zone = Tomorrow's opportunity!
- Post #24,895
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- Nov 18, 2013 12:52pm Nov 18, 2013 12:52pm
- Joined Sep 2010 | Status: I'm not here... or am I? | 3,999 Posts
Today's zone = Tomorrow's opportunity!
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- Nov 20, 2013 9:32pm Nov 20, 2013 9:32pm
- | Joined Jan 2009 | Status: Fading the specs | 1,374 Posts