Price breaking down after being stuck in 2 key Anchored VWAP. Suggests that buyers are not present. Price should have moved upon recovery but it didnt suggesting lack of interest or sellers using limit orders to push price down. Not super confident that it is bearish but what is certain is that price action is weak. Targetting the lows and stops above the swing highs
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.