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