When MA are telling that it is a bear market, but I trust AVWAP (5days) which gives me a good entry point. I’ve been trying AVWAP for 2 months and has given me 489% growth with a 1.83 profit factor. I am confirming my entries with - Fibo - Candle pattern - Elliot - AVWAP - Volume and SMA Is anyone using similar combination for confirmation. Am open to have your questions and comments.
Trade closed manually
Ive manually closed at the 0.7 Fib (daily), reporting over 10% profit. Also forgot to mention that the 5 days AVWAP it is the yellow thick line you see at the bottom of the chart.
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