CFMS - Breakout Potential
CLSN price action has had strong bullish volume on the move up.
VWAP and the conversion line are acting as support for the current candle.
You can see the last time the VWAP upcrossed the conversion line, we saw a massive breakout (yellow circle)
R/R ratio here is 2.78 with 25% downside and anywhere between 25% to 97% depending on where you choose to place your take profit targets and whether or not we breakout, as well as, the strength behind the move.
VWAP and the conversion line are acting as support for the current candle.
You can see the last time the VWAP upcrossed the conversion line, we saw a massive breakout (yellow circle)
R/R ratio here is 2.78 with 25% downside and anywhere between 25% to 97% depending on where you choose to place your take profit targets and whether or not we breakout, as well as, the strength behind the move.
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Join The Spekre ACS Creator Pool and gain access to exclusive trading indicators, copy trading, exclusive content, and more tools in the future! Link: hub.accessprotocol.co/creators/J8TpW6cypxheFUYjWn4mxS6ExvBEMxyMiRvrf43Nhnvy
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.