Hey guys Anchored VWAP from highest high we put in late December. Seems a pattern has formed which is a smaller clone of what already happened. Just putting it on the radar.. I think a must know. Explains itself. Learn Anchored VWAP. You'll have to or want to play with the dates for this control. Interesting.
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P.s.. Red line is an anchored VWAP from December 17:00 and the blue line from the most recent lowest low 20 December. The red being resistance and the blue support. I find the interesting thing is the pattern forming. Seems lower lows of the same pattern that was a high. Personally I see this as bearish and most definitlley looking at the blue line for support before jumping into any bullish trades without extreme caution.. 
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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.