Hello. As we can see on the graph, we are in a downtrend and we will not go against this trend. This downward continuity cannot be done if and only if the vwap indicator and the support line are forcefully broken by a large red candle and also accompanied by a large red volume.
On the other hand, we could have a trend reversal (uptrend) if and only if the resistance line is forcefully broken by a large green candle and also followed by a large green volume. But, all this can only be done when all these conditions are met. thank you.
On the other hand, we could have a trend reversal (uptrend) if and only if the resistance line is forcefully broken by a large green candle and also followed by a large green volume. But, all this can only be done when all these conditions are met. thank you.