Buying and Selling Pressure Flashcards
What is buying and selling pressure?
Buying and Selling Pressure is Price Action that favors one or the other.
Bulls buy to make the market go up & Bears sell to make the market go down
This pressure creates footprints that indicate pressure
Bull Trend has buying pressure
It is clear that the bulls are in control
What is the clarity in this trend due to?
the clarity in this trend is due to buying pressure
What are some signs of buying pressure?
What Buying pressure characteristics does this chart possess?
What Buying pressure characteristics does this chart possess?
What Buying pressure characteristics does this chart possess?
What are some signs of selling pressure?
What Selling pressure characteristics does this chart possess?
What Selling pressure characteristics does this chart possess?
What Selling pressure characteristics does this chart possess?
what is a traditional GAP UP?
a Gap is a space between any support and resistance
What is a NEGATIVE GAP?
Slight overlap of BO point and PB
Explain what is seen on this chart with its negative GAP
Are Gaps easily overlooked?
TRUE OR FALSE
TRUE
Gap are signs of Buying/Selling Pressure
Higher/Lower Prices likely depending on if it is Buying or Selling Pressure
Gaps are easily overlooked
TRUE OR FALSE?
TRUE
Gap down is a sign of Selling Pressure, lower prices are likely