I just got this new VWAP indicator feature on Protrader(thick...

  1. 5,747 Posts.
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    I just got this new VWAP indicator feature on Protrader(thick blue line) it measures the volume weighted average price . I started it from the beginning of the breakout, and it’s interesting—it shows the average price is around 2.50.So we currently have a double bottom.The double bottom pattern occurs after a sustained downtrend and consists of two consecutive lows (troughs) at roughly the same price level, separated by a moderate peak in between, creating a "W" shape on the chart. The first low forms at the bottom of the downtrend, followed by a rebound to a peak (often called the neckline), and then a second low that tests the previous support level. The pattern is confirmed when the price breaks above the neckline, signaling a potential bullish

    https://hotcopper.com.au/data/attachments/7866/7866597-a0db719d7079031cc7788c0190449269.jpg
    https://hotcopper.com.au/data/attachments/7866/7866622-e9d3a54263f0b6d6e660ea5dd64543a2.jpg
    Last edited by Gymjunky: 06/05/26
 
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