Hello!!! As you can see on the chart we could have a continuation of the uptrend if and only if the vwap indicator and the resistance line are forcefully broken by a large green candle and followed by a large green volume. On the other hand, we could have a reversal of the trend if the vwap indicator as well as the support line are broken by a large red candle and followed by a large red volume. Thank you 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.