Hello...We are in a downtrend and in addition we are below the vwap indicator which has taken on a very red color. We could, however, have a continuation of this decline if and only if the support line is forcefully broken by a large red candle and accompanied by large red volume.
Moreover, we have a high probability of having a reversal of the trend. This will happen when the vwap indicator and resistance line is forcefully broken by a large green candle and accompanied by large green volume.Thanks.
Moreover, we have a high probability of having a reversal of the trend. This will happen when the vwap indicator and resistance line is forcefully broken by a large green candle and accompanied by large green volume.Thanks.