Disliked{quote} That area around bar 2 isn't all that clear. To me it kind of looks like bar 2 is the up bar to a bottom 2 bar reversal. But that bottom 2 bar reversal is in the wrong place, We would expect it to be at a low. If we look at bar 2 as weakness then why the successful test 2 bars later? A couple of bars later we see a hidden test, which the market moves up confirming the hidden test which tells us that the market is not ready to go down. Also another thing is look at the bar between 3 and 4. Its a down bar with higher volume than the previous...Ignored
Also interesting thing - you noticed this bar should be decreasing volume for correct top reversal. If look to bar 2 - its increasinf volume to previous bar, so if we look at this how at bottom reversal - its failed, so its rather SOW. But anyway this test and later - more important