I'm in waiting...I'm trying to determine if the price action will bounce off of the VWAP candles on the 4 hour chart or not. As you can see in the recent history, when it jumps on top of the VWAP candles it will make a measured move upwards toward the $22,500 range. If it bounces off of the VWAP, we are sure to see more downside action. I'm in a holding pattern...until I see the response to the VWAP, I will remain holding as far as my short term trades.
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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.