Analysis

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.