We are in a downtrend. In view of this configuration on the chart, we have a strong probability of having an uptrend because we already have the breakout of our vwap indicator. Also, if the resistance line too is forcefully broken by a large green candle and accompanied by large green volume it means that the buyers have prevailed over the sellers. However, let's be vigilant and wait for all the purchase conditions to be met before taking positions.
Thanks.
Thanks.