PSEUDO DOWN THRUST (VSA)

Price structurally making a higher low after the higher high.

Today closed with volume and price breakout after pseudo down thrust this suggests that there is no supply or lack of supply.

*What is pseudo down thrust (PDT) ??
Its basically lack of supply means that demand will overpower supply causing price to rise in near future (continuation signal, not a reversal signal).

*How to spot pseudo down thrust ??
Bullish pinbar or doji bar having low spreads whose volume is lower than the previous two candle volume.