As you see on the chart we have an intersection between the resistance line and the support line. So, if we have a breakout with force the resistance line and the vwap indicator with force by a big candle with a large volume it's mean that we will have a big probability of an uptrend. But if we have a breakout with force the vwap indicator and the support line by a big candle with a large volume it' mean that we will have a big probability of a downtrend. 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.