Avwap
SET:KEX - Potential Long. B/O of heavy consolidation zonePrevious bottom bounce failed so here's another attempt for potential long opportunity. Target - 37-40 THB (previous support/VWAP from IPO)
Key Observations:
- Break out of previous high created in March 2022
- Break out of volume shelf at the bottom (668M shares traded vs 442M shares float)
5 days AVWAPWhen 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.
Long for one more swing Intra day to 16600Waiting for a Volume upswing to take one more intraday position for 16600 on NIFTY. You can see the Sell volume dry out gradually since the day high was crossed. Consolidation seen at AVWAP Band from Day low. Patiently waiting for next upswing to take a ATM CE call
FX - CAD/CHF - GANN FANs Chart !! LONGHello trader,
Nice Week and profitable deals 💲
CAD/CHF 8H Chart 🗝
In this chart we can see 2 gann fans and
1Cloud ☁
Fibretracement 🌊
and MA 200 that gives the bull power, MA50 and 🔑AVWAP
Momentum what the direction shows us up 📈👀
and rsi, with divergences up 💹
Brief explanation of the Gann fann 👀
The lines act as support and resistance, everything under the red area is considered bears‼
SL, TP is visible in the chart 🗝🗓
I would like to mention that all i post are just options and my own opinion!
Always Trade With Sl, And Not Risk More than 1% of your portfolio (max 3%) by trade.
If you have any questions, let me know
➡️If you like my posts smash the Like Fur, Comment or Follow me.⬅️
Thanks for reading my ideas,
Trade save !!
BTCUSDT 1HR WK #15I am still in favor of this narrative. Using TTM Squeeze VSA & AVWAP the lack of conviction in the charts MM not favoring lower prices currently.... but volume still hasn't rolled in with price well under the lower band of the AVWAP.
Invalidation: print of 1 hr doji candle followed by high spread/high volume candle to the downside & TTM failure to cross 0 line by open NY session
Analysis of DIA, QQQ, SPY, VIXYLong term markets are still long, but price action and VWAP analysis is showing weakness today and yesterday which may roll over into a further correction down in price. The VIX is a little less bearish about market direction on an intraday basis.
My bias is down or sideways. There is an increasing amount of resistance to the upside and not a lot of base building to move through up through the resistance IMO.
SPY gap down intraday analysis and possible scenarios.SPY sellers have been in control since March 29, and today finally hammered the SPY down below a significant support daily chart support level - finding support at the AVWAP drawn off of the March 15th Fed rate hike. I believe the support level that was gapped below today will be tested as resistance in the near future. If it fails off of that support level, I'd expect the SPY to go down and test support at the AVWAP drawn off of the beginning 2021.
C Citigroup Long IdeaCitigroup recently broke through swing high AVWAP implying a nice chance for more upside.
I'm in May 70/75 Debit Spreads here to play any run up to ER as well.
Looking for a move similar to AUG price action .
Rejection at AVWAP invalidates the trade . Emergency FED meeting and rate headwinds, along with Russia and Covid - keeping positions small and respect stop losses !
ADA is really under-value at this moment Hello traders
Today once again ADA is touching important averages.
If you are interested for buying this token, right now is one of the best levels with really good RISK:REWARD Ratio. It can touch 4.50 usd in mid-term
As always, do your DD and follow me for news and more.
Thanks for reading.
$PENN Weekly swing ideaPenn on the weekly pretty bullish set up from a technical perspective for a swing trade going into EOY.
Nice base forming with a weekly close at the 21EMA, however strong resistance zone $84-86 .
Want to see a break of this, followed by possible retest similar to DEC 20 price action before continuing to the upside.
Failed break of resistance zone invalidates trade and look for a move back down to $70
Momo has my bias to the upside given overall market stays in line.
Aftermath of the Powerful BTC Move from 53k to 42kBTC's move is powerful with a lot of volume. Though we got a decent reaction this is not bullish in my eyes. We've swept all the lows highlighted in green. Moving like a boss GP to GP. Looking for a move to the confluence of resistance at 49k. After that we can evaluate how the strength in the market is, if monthly open can then hold it would be bullish potentially to consolidate higher, in terms of healthy structure to me it makes sense for us to get another leg down and test the AVWAP band from the lower consolidation. Ideally price should hold 44k if we are to get a test for that in the near term though i think 46k should hold.(edited)
NO matter where you anchor vwap from no matter which way you anchor it seems bearish continuation in the absence of a catalyst from an Avwap perspective
$V Sellers ExhaustionThis week bulls need to defend the AVWAP level at 222.47
Sellers may be exhausted here and a reversal is implied looking at historic similar volume and price action. However, break below could see 215/210 zone as next level of strong support. Would be backing up the truck and loading longs if we get a chance that low.