DislikedHey guys what do you think about this?I think that this is a sell signal?What do you think i`m i right?Ignored
I wouldn't say it is a sell signal. If your look to the recent past price action you'll see the price is ranging. As such, to me, there is no clear signs of weakness to support a sell decision purely on price/volume. Sure there is a no demand bar nearby, but you can't just take a single bar to make a call with VSA. You need context.
Of course, being a 5 min chart, i don't know if you're supporting your decision on some weakness spoted a larger timeframe.
Regards,
Tiago
PS: I'm assuming you're refering to where the blue triangle is on the chart.