Analysis

Hello. On this chart, the support line is more important than the resistance line. We have a high probability of a downtrend if and only if the vwap indicator and the support line are forcefully broken by a large red candle and followed by a large red volume, therefore we can enter a sell position at the next red candle for caution. On the other hand, we must put the idea that we could also have a continuation of the uptrend if and only if also we have the breakout with force of the vwap indicator as well as the resistance line by a large green candle and accompanied by large green volume and right now we could enter a buy position at the next green candle. thank you.