Here we see volume was added to the upside after double acceleration that broke the 20ma and stayed sighing the upper band and the ma.
Notice afterwards how price started to rejected the ema and used it as support. This is a signs of strength when you see stuff like this go ahead and enter the trade ... you can exit if it breaks the ema to keep it simple and as long as the mvwap 4hr is under you good to go.
Notice afterwards how price started to rejected the ema and used it as support. This is a signs of strength when you see stuff like this go ahead and enter the trade ... you can exit if it breaks the ema to keep it simple and as long as the mvwap 4hr is under you good to go.