Long-Term Downtrend Breakout

So far this week, there has been a strong upside move, breaking the long-term resistance trendline that originates from March '22. If the weekly candle can close above this level, watching for a test of the March '22 pivot VWAP currently at the area.

JakeWuMarketResearch

Jake Wujastyk
Founder, JakeWuMarketResearch

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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.

JakeWuMarketResearch

Jake Wujastyk
Founder, JakeWuMarketResearch

Also on:

Disclaimer

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.