Here we have a False Break out anatomy, as the break is done with small boxes ....
PD some nuances : This tool can give a forex trader using tick charts a sinthetic volume reading derived from amount of activity per time period... giving them a chance to add volume analisis to their arsenal....
On the above book (a must read) there are some
vsa concepts of dry up volume retest as many other volume strategies...
Hope this helps, expect your interaction ¡¡ cheers Walter.
(please dont go nuts, and dont forget to be with your family) have a nice weekend...