Trend change is halfway through
There is currently a tug of war around 0.876512 which aligns good with VWAPs from the bottom and intermediate bottom. If 0.8687 breaks where several bottom VWAPs are aligned, then we need to give the bears the benefit of the doubt. For now, this looks like an aggressive Bull trade that might formulate a larger trend change. VWAP peaks from late December 2020 are the last resistance for the Bulls. A decisive breakthrough of 0.87640 will put the last bears in a bad position for a long time.
Aggressive Buil Trade with a large upside for a long time.
There is currently a tug of war around 0.876512 which aligns good with VWAPs from the bottom and intermediate bottom. If 0.8687 breaks where several bottom VWAPs are aligned, then we need to give the bears the benefit of the doubt. For now, this looks like an aggressive Bull trade that might formulate a larger trend change. VWAP peaks from late December 2020 are the last resistance for the Bulls. A decisive breakthrough of 0.87640 will put the last bears in a bad position for a long time.
Aggressive Buil Trade with a large upside for a long time.