We are here in a trading range situation. Neither the buyers nor the sellers have the reason why the vwap indicator at times turns white.
However, if the resistance line is forcefully broken by a large green candle and followed by large green volume then we would have a high probability of the market going higher. Moreover, if we have the breakout of the vwap indicator as well as that of the support by a large red candle and accompanied by a large red volume, this means that we would have a high probability that the market will go down.Thanks!
However, if the resistance line is forcefully broken by a large green candle and followed by large green volume then we would have a high probability of the market going higher. Moreover, if we have the breakout of the vwap indicator as well as that of the support by a large red candle and accompanied by a large red volume, this means that we would have a high probability that the market will go down.Thanks!
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.
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.