What is the difference between an upthrust and a pseudo upthrust?
An upthrust is a price movement where the market rises and then quickly reverses downward, as strong buying activity is followed by aggressive selling.
It often occurs after a false breakout and signals a market reversal.
A pseudo upthrust looks similar but lacks significant selling and does not lead to a market reversal.
The price may continue to rise, making it a less reliable signal for a reversal.
