medium · Volume Spread Analysis climaxes-tests-springs-upthrusts
A 'Hidden Up-thrust' is defined as a bar that closes lower than the previous bar but has a high that is higher than the previous high.
Why is this considered particularly deceptive for retail traders?
- It mimics a 'Spring' but occurs in the middle of a mark-up phase.
- The volume is always low, making it look like a 'No Supply' bar.
- The weakness is masked by what appears to be an ordinary down-day, hiding the failed attempt to break higher.
- It suggests 'Hidden Selling' is not occurring because the close is not on the lows.
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