Analysis

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How to enter the market and how to exit the market?

As you can see on the chart we enter a buy position when the vwap indicator is forcefully broken along with the resistance line by a large green candle and accompanied by large green volume. This means that the buyers have taken over the sellers. In addition, we have a succession of green candles in sum five (05). The fifth green candle is already signaling us to prepare to exit the market because it has a long wick with a relatively small body. With regard to this fifth green candle, when a red candle appears with a large red volume it means that we have a high probability of having a reversal of the trend (Bearish). Thanks!

Penafian

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