- on the weekly chart : a hard dive down in the past few weeks back to the level of resistance
- on the daily chart : the price been moving down with steady a strong movements as we can see in those red candles but as we can notice in the past 3 days , a green candle warning us about the lost of selling pressure
- on the 15 min chart : a breaking of the VWAP upwards early this morning confirm the lost of selling pressure
- personal opinion : the lost of selling pressure might be a warning that the big players are getting ready to take their profits, i give it a 85% that in the next few days the price will know a strong climb upwords
- best move : wait until we see a breaking of the VWAP on the 15 min chart tomorrow . when that happens open a position as a buyer and dont sell until it reachs the upper level
contact me if you want me to keep an eye and update you daily on a stock/crypto/forex/future.... of your choice
- on the daily chart : the price been moving down with steady a strong movements as we can see in those red candles but as we can notice in the past 3 days , a green candle warning us about the lost of selling pressure
- on the 15 min chart : a breaking of the VWAP upwards early this morning confirm the lost of selling pressure
- personal opinion : the lost of selling pressure might be a warning that the big players are getting ready to take their profits, i give it a 85% that in the next few days the price will know a strong climb upwords
- best move : wait until we see a breaking of the VWAP on the 15 min chart tomorrow . when that happens open a position as a buyer and dont sell until it reachs the upper level
contact me if you want me to keep an eye and update you daily on a stock/crypto/forex/future.... of your choice
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