hard · Volume Spread Analysis effort-vs-result-spread
Which zone should the 'Close Position' (CP) be in for a bar to be classified as a 'Successful Test'?
- The 'Middle Third' (34%-66%), representing an indecisive battle between supply and demand.
- The 'Upper Third' (CP > 67%), indicating that buyers recovered control by the end of the period.
- Any zone, as long as the volume is 'Ultra-low'.
- The 'Lower Third' (CP < 33%), showing that the probe successfully found sellers.
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