A trending situation where in an uptrend the low of the previous TPO period is not broken by two ticks or more. In a downtrend it would be reversed and the high of any previous TPO period is not broken by two ticks or more.
ShadowTrader Twitter
Overall a bearish day as the gap did not fill fully and value clearly lower. Internals bearish but not hugely so.… https://t.co/LEPwJTP1PJ