Good morning all!! This morning, as you see on the chart we are in a bearish channel situation. Here, the resistance line is very more important than the support line. However, we have a big probability of an uptrend if we have:
1- Breakout of the resistance line by force by a big candle with a large volume;
2- Breakout of the vwap indicator also with force by a big candle;
Thanks for your attention.
1- Breakout of the resistance line by force by a big candle with a large volume;
2- Breakout of the vwap indicator also with force by a big candle;
Thanks for your attention.
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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.