balance between buyers and sellers. When we would have the break of the vwap indicator and also the break of the resistance line with strength by a large green candle and obviously accompanied by a large green volume we can however enter a buy position at the second green candle which will appear. Moreover, to enter a sell position it will be necessary that the vwap indicator as well as the support line are forcefully broken by a large red candle and followed by a large red volume, therefore at the second red candle we can enter a sell position.Thanks.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.