Visa is trading in a compressed zone with multiple Anchored VWAP converging, creating what I call an AVC (Anchored Volume Compression) setup.
This indicates energy is building up, and a decisive move outside the 340–354 range could set the next directional leg.
Support: 340
Resistance: 353–354
Watch for a breakout or breakdown from this congestion area to gauge momentum.
This indicates energy is building up, and a decisive move outside the 340–354 range could set the next directional leg.
Support: 340
Resistance: 353–354
Watch for a breakout or breakdown from this congestion area to gauge momentum.
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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.