- December 24, 2020
- Posted by: virtualxstore
- Category: trading
Buyers seem to be losing steam in this range as there is a clear downtrend that can be seen in the 2-hour timeframe. The orange line is the AVWAP which is anchored from the starting point of the rally on June 15th.
Newer to TA so would appreciate any feedback. I know that the market is overall on HD but the technicals are showing that there is some downward pressure at the moment.