GBPUSD · H1
Test Chart Study
A narrow probe lower closes near its high on volume below the prior two bars, then demand confirms the test.
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Read a text alternative
The probe finds little supply. The following up bars are essential: without their response, the low-volume bar would remain only a potential test.
- Market phase
- Accumulation
- Pattern
- Test
- Timeframe
- H1
What the bars show
A narrow probe lower closes near its high on volume below the prior two bars, then demand confirms the test.
The probe finds little supply. The following up bars are essential: without their response, the low-volume bar would remain only a potential test.