I would like to know the difference between a "test" and "stopping volume".
It appears that both dip down and then close towards the high of the bar.
-For a test, low volume means stregnth (no selling pressure)
- For stopping volume, very high volume means strength (buying pressure)
This confuses the heck out of me.
Is the difference that "testing" trades into a period of previous lows (which had previously traded at high volume)?
Can a test occur at any stage of a trend, whereas stopping volume only occurs after a downtrend?
p.s. this is of course assuming a long trade (I know they can work both ways)