Technical Analysis based on Price Action and volume spread

I will try to explore charts based on Al Brooks' Price Action and Tom Williams Volume Spread analysis in this thread. comments, corrections, suggestions , critisism are welcome as we move on.

Taking stock Tatamotors. Day before yesterday, it was in a strong downtrend, and major trendline shown in chart holded whole day and today at open. Yesterday price could not breach previous day's low and major trend line broken by 10.05 am bar, so trend may change if day's low can not be broken, A test of low expected to any time in the day. Which happens at eod. And this test followed three pushesh down and strong brear tend. A major trendline drawn from 12.55 pm swing high holded for rest of the day.

talking about today's running chart, yesterday we had a strong rally at eod. first bar today
trend channel line, and then we have a wedge short , along with ii pattern , scalpers profit target achieved during the entry bar itself. I did not took this short as monentum during the last rally was very strong and last 11 bars in rally had only one bear bar. Also 9.25 and 9.30 bars were no supply bars.

during the last rally price went far away from ema, therefore a pull back to ema was expected which was an obvious magnet, 9.35 bar is effort to fall candle, followed by a no demand bar. This bear rally broke a trend line from yestedya's 2.50 bar and todays first bar

look at 9.50 bar , closing on high though volume is not greater than prev bar but still greater than 9.40 bar indicating that market is not ready to fall further immediately . also
next bar closing again in the range of previous two bars, making a barbwire pattern,

out of last 7 bars only one had a bull close and it was also a no demand bar, indicating a strong bearish momentum.

This bear rally broke and bull trend line and followed a strong rally therefore expecting a test of high of the day unless it is a spike and channel day.

10.05 and 10.10 bars both closing on highs with increased volume. these are strength coming in bars, it followed by a bull bar which is also a no demand bar, volume further drops on next two bars. with such a low volume bars market can not go up far.

10.05 and 10.10 bars were ema gap bars longs also there formed a double bottome twing longs and in terms of vsa they were strength coming in bars, scalpers profit target almost achieved during 10.35 bar, an aggressive trader can take this trade while a defensive trader can pass on this trade or enter on a scond entryas it followed strong bear momentum