Anchored VWAP chart study for Auropharma
[22nd May, 2020 EOD Analysis}
Self explanatory & Annotated Chart
Additional Pointers:
- DO NOT Short as long as it is above 714/ Orange Anchored VWAP
- Bullish on Higher Time Frames too & better not to fight the trend. Shorts would only be for a minor pullback
- If you notice there is also an Ascending Triangle breakout. Once we get above the Rising TL it will be confirmed
- No signs of any Rising Wedge for a Trend reversal
Self explanatory & Annotated Chart
Additional Pointers:
- DO NOT Short as long as it is above 714/ Orange Anchored VWAP
- Bullish on Higher Time Frames too & better not to fight the trend. Shorts would only be for a minor pullback
- If you notice there is also an Ascending Triangle breakout. Once we get above the Rising TL it will be confirmed
- No signs of any Rising Wedge for a Trend reversal
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Just Here to close this as will not be Updating it any further.