Analysis

On this action, we see that there is an intersection between the resistance line and the support line. In this case, the support line is more important than the resistance line and therefore we will have to keep an eye on it. However, we could have a high probability of a downtrend if the support line is forcefully broken along with the vwap indicator by a large candle and followed by large volume. On the other hand, we could also have a continuation of the uptrend if and only if the resistance line is broken forcefully also by a large candle and accompanied by a large volume. thank you.