Now let us define some Close positions. Up close : A close near the High would be termed as a Up close. (Upper 30% of the Bar) Down close: A close near the Low would be termed as Down close (Lower 30% of the Bar ) Middle close: A close in the middle would be termed Mid close (between 30% to 70%) Please note that the values mentioned above could be controversial. But for this discussion we will take these values and move forward. Now we have some basic tools to analyze the bars. Next we will look at volume.