Video 10A&B: Buying and Selling Pressure

Question 1

Buying Pressure Examples:

Answer 1

More bull bars than bear bars
Consecutive bull bars
Bull bodies are bigger than bear bodies
Bars closing near high and at least above midpoint (only small tails on top)
Bull Micro Channels (No PB’s)
Tails below bars
Number of consecutive bull bars increases
Bull bodies gettting Bigger
Consecutive bear bars getting smaller and spaced out. Few or no consecutive bear bars.

Question 2

Selling Pressure Examples:

Answer 2

More bear bars than bull bars
Consecutive bear bars
Bear bodies are bigger than bull bodies
Bars closing near low and at least below midpoint
Bear Microchannels (No PB’s)
Tails above Bars
Number of consecutive bear bars increases
Bull bodies getting smaller

Question 3

True or False

Channels usually evolve into Trading ranges (TR)

Answer 3

True