After moving averages or price and wvap converge in an upwards direction new bullish pendent is formed. Slight pullback (second circle's) with plenty of support to gain strength to send us pass 8000.
Good luck
Good luck
Comment:
Looks like there is heavy resistance at 8100, may need a pull back before blast off, setting my stop at 7950(last high/support) in case things go south
Comment:
Stopped out at 7950. See a head and shoulders on 30 min timeframe. Will try re-entry if I get signs of support
Trade closed: stop reached