As you see on the chart we have an intersection between the resistance line and the support line. Considering this configuration we have a high probability of having an uptrend if and only if the resistance line and the vwap indicator are broken forcefully by a large green candle and accompanied by a large green volume.Thanks!
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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.