MINIMAX contract end, previous complete 5m candle -5.38%. Current price 32.99. 24h volume 7.0705 million. VWAP 34.0111—below it. Volume is 33.4x. I’m more inclined to wait and confirm further. Right now, what matters more is: if the next leg can’t connect, then this one will only be counted as a weak pullback.
Can the retracement bring it back above VWAP 34.0111? After the volume amplifies to 33.4x, will it immediately shrink back; I’d rather watch the next leg—I don’t want to focus only on this one.
#MINIMAX #volatility alert
Can the retracement bring it back above VWAP 34.0111? After the volume amplifies to 33.4x, will it immediately shrink back; I’d rather watch the next leg—I don’t want to focus only on this one.
#MINIMAX #volatility alert