Bullish rally started at the price of 33220, heavy volume came at that point, and it could be strong support, now price is near Resistance 34830, which served as a strong resistance historically, so sort setup could possibility at this point.
Here using double EMA indicator on volume, could provide indication to end of trend,where 14 period EMA on 5 min time frame chart crossed 200 EMA same period.
Sort setup possible at Resistance level. !Strong close above 34830 should be bullish move.
Technical- Based on Support/Resistance: - Strong Suport: 33220 - Strong Resistance: 34830
! Here I'm trying to understand double EMA indicator on volume chart, looking for more content.
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Trade closed: stop reached
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Broke above.
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Back to selling territory, EMA under 200. It touched 35250 resistance level, (old post)