How to read momentum with price action

1. Strong upward momentum - buyers are in control

o More green bars than red bars
o Consecutive green bars
o Green bars are bigger than red bars
o Green bars are closing near their highs
o Wicks below the green bars
o Green bars are getting bigger
o Red bars are getting smaller

2. Strong downward momentum - sellers are in control

o More red bars than green bars
o Consecutive red bars
o Red bars are bigger than green bars
o Red bars are closing near their lows
o Wick above the red bars
o Red bars are getting bigger
o Green bars are getting smaller