Second bearish wave?
Morning!
►the impulsive crash yesterday was not countered by a rally of close-to-equal or equal size
►VWAP anchored at the previous hit of trendline acts as resistance
►Anchored VWAP also meets the trendline and is the point of the above-average bearish candle at this level
►It is weekend, so I don't expect any godlike movements, but room for 1:1.5, that I see
►If the current bearish candle is followed by another bearish candle of the comparable size, I will expect further downside movement in spite of weekend volumes
Have a great trade!
►the impulsive crash yesterday was not countered by a rally of close-to-equal or equal size
►VWAP anchored at the previous hit of trendline acts as resistance
►Anchored VWAP also meets the trendline and is the point of the above-average bearish candle at this level
►It is weekend, so I don't expect any godlike movements, but room for 1:1.5, that I see
►If the current bearish candle is followed by another bearish candle of the comparable size, I will expect further downside movement in spite of weekend volumes
Have a great trade!
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.