On this action, we notice that the line of resistance and that of the support converge, that is to say which go in the same direction. However, we could have a very nice uptrend if and only if the vwap indicator and the resistance line are forcefully broken by a large green candle and accompanied by large green volume. On the other hand, we could also have a downtrend continuity as we see if the support line is forcefully broken by a large red candle and followed by large red volume.Thanks for your attention.
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