Avwap
XERS currently one of the my favorite chartsXERS has found support once again at the ascending trendline from March 2020, the trendline also coincides with the 2 VWAPs from what I would consider the significant YTD lows, as well as the very important $4.00 level.
I have been long since August ($3.54) and I am looking to add as close to $4.00 as possible because I believe the stock moves higher from here.
VERI 4 Fibonacci price levels point to uptrend resumption VERI has reacted higher after reversing in an area of 4 fibonacci price relationships
100% extension orange dash swing low
100% extension of yellow dash swing low
61.8% extension of red dash swing low
61.8% retracement of move higher from March low
I favor entry on a pullback into the fib level confluence area OR waiting for a move over the VWAP from March low (above 10.9)
INSG avwap 'squeeze' should resolve to upside-INSG currently trades between VWAPs from significant YTD highs and lows, the tightening range of these VWAP lines creates a 'squeeze' like a tightening bollinger band or similarly a TTM squeeze, which signals a current decrease in price range and an increase in volatility is to come
Why I expect this increase in volatility to occur to the upside:
-50% retracement: INSG has consistently found support at the 50% retracement from the move higher off the March low
-Support in INSG/SPY: INSG finding support in relative performance to SPY was a prior predictor of ensuing outperformance vs. SPY, and having recently reacted higher from support, I expect outperformance to resume
Conclusion: tightening price range shown by anchored VWAP squeeze and a reversal higher in SPY relative performance point to an imminent upside breakout
AQN outperforming/avwap support-For the last 2 months AQN has traded above the VWAPs from the significant highs and lows of the year
-During the same 2 month period, AQN has outperformed XLU and is now challenging its all time high in outperformance vs. XLU
-AQN has recently been outperforming SPY after breaking out of a downtrend in SPY underperformance that has acted as resistance since March
$13.5 looks like a good line in the sand, I have to expect higher prices as long as AQN stays above it
OIH reversing higher from 109-107.2 area3 Fibonacci price relationships in the 109-107.2 area
.618 extension red dot swing low
1.0 extension of blue dot swing low
.618 retracement of move from March low
VWAP from March low has acted as support throughout the move higher
SDGR 56.07-53.26 provides confluence of support0.618 extension of red dot swing low
1.618 extension of yellow dot swing low
0.618 retracement of move off 52 wk low
VWAP from IPO
BLCM 50% retrace/AVWAP supportBLCM might be putting in a bottom here at the VWAP from March low and the 50% retracement level of move off March low. Worth keeping on your radar.
STSA confluence of support-Throughout August buyers have been stepping in at a confluence of support:
1) $21.5 level which I view as historically significant (having been tested multiple times from above and below), most notably acting as resistance during the last consolidation period
2) The VWAP from the all time low
3) Back test of the downtrend line
4) 50% retracement of move from all time low
-I also like that the pullback to the downtrend line, which was also a shorter term double bottom, occurred with increased stochastic reading (bullish divergence)
-50 EMA has been tested/rejected about 8 times since STSA closed above the downtrend line, so I view a close above the 50 EMA is buy trigger
RCUS 50% retrace/50/200 EMA supportRCUS has reacted higher after bouncing from a confluence of support:
1) 200 EMA
2) 50% retracement
3) VWAP from all time low
*You can see how the 200 EMA and VWAP from all time low previously acted as the floor back in March
-Now supported strongly by 50 EMA, RCUS closed above the 50 EMA every day this week, and 7 of the last 8 days, with the exception appearing to be a 'gap fill.'
-I am looking for RCUS to continue to find support on the 50 EMA or the VWAP from the 200 EMA bounce
-Close above the $25.5 level is the buy trigger, which will also complete an inverse H&S pattern which has been forming for the last month
Bullish Bias - Unless VWAP BreaksI am fully comfortable with how market price reacted to my volume profile levels. It is time to write some update on that.
I called for the filling of the zone roughly between 11k and 12k. There needs to be some market action. This is pretty much happening now. The market also respected my Low Volume Zone. There was pin nearing it closely and then there was a great pin going through and returning back above.
An indicator that closely lines with the recent bottoms is VWAP anchored at real lows from 2nd August. I think long from its level to 11900 is now possible and probable. I, however, think, there still need to be more volumes before the price can start harassing 12k level or go above. Selling activity was too big. So let the sellers exhaust now in the highlighted range, so there are none left when BTC goes higher.
Alternatively, AVWAP level can break. If price remains below it, higher correction is on the horizon. 20 Daily MAs and 50 Daily MAs are levels to keep an eye on for the minor reaction and I will highlight new profile levels later if that happens.
I am giving the path up near the VP level of about 60%. My analysis will become invalid if we spend more hours below AVWAP.
Have a great trade!
Big Level in BYND ahead of 8/4 EarningsThe VWAP anchored from the IPO has been an important inflection point for BYND on numerous occasions. The stock is trading just above that level again. Additionally, the VWAP from the all time high and the 2020 low are also found in this area.
SPY VWAP levelsSo far, the VWAP from the June 29 low is where buyers are defending (as they did last week) if this level fails to hold it is likely that the next level to be tested on the downside is 310-309.75, the location of the VWAPs anchored from the high (red) and low (green) of last month
EURUSD master plan for TuesdayFor Tuesday, I am more inclined towards shorts. There is even a pinbar on the daily chart, I hope it will be filled to a certain point and then resume its suggested downward direction. But I wouldn't be afraid to take positions on either side.
What I find very impressive is the repeated reaction to the green anchored VWAP. I put its beginning on the day GF died. At that time, EUR started growing a lot and have grown since (the point in time would be a legit to place AVWAP anyway as I don't really trade events). I will keep it on the chart for a few more days/weeks.
AVWAP, VP and 200 MA confluence►Elf comes to the area where high volume node meets 200 MA and VWAP anchored at the start which has already worked as support once
►I am not Elliot Wave expert but the count looks clearly in this case. I am not sure if 4 is finished.
►The market overall has good conditions for growing alts now. Bitcoin doesn't do any big moves and loses dominance as a result.
►I would still wait for a lower opening price. Should this happen, it will a good opportunity from my viewpoint.
Have a great trade! ☺
Cocoa on all-important round level - retesting just nowI opened a position on Cocoa. 5year and 15year stacked seasonality favour long right now. Not significantly, but they do. This being said, it is an excellent outlook from a technical perspective. The price slows down as it approaches supsistence tested throughout the years from both sides. It has even worked recently. That time, it was resistance, now I hope it will act as support.
►It slows down as it approaches an important level
The important level is strong. Not only that it was tested multiple times but it is also a round number which are more often than not the ones that host the most fights between bulls and bears.
►The level is tested multiple times and is also a round number of 2400
And then, there is already once broken anchored VWAP from above. The one from bottom worked just weeks ago.
►Stacked seasonality 5y and 15y support long to a certain degree
►VWAP from the top is losing respect
◄The only contrarian point is 200 simple average which holds strong. But the price is approaching and bounces are getting smaller. Accumulation below this level usually signifies imminent breakout.
I like how LINK approaches 200 EMA in this manner►Alts I checked are usually below 200 or approach it in a weird way
►I like Link as there is a structural level, 200 EMA and previously confirmed AVWAP
►Getting to the level doesn't automatically lead to opening a long. It would be best if bitcoin quenched its volatility at the same time.
►Another option is some kind of reversal pattern or an impulsive candle on hourly.
Have a great trade! Cheers.
EYE on PGNYPGNY is holding above the VWAP anchored from the all time high and the VWAP from the IPO has turned sideways. Buyers have potential to take control this week. Looking to buy on strength with a stop ~2380 for a swingtrade
How to use the new Anchored VWAP drawing toolThis chart shows the Nasdaq-100 ETF QQQ as a weekly chart going back several years. It shows price, volume , and the newest addition to all TradingView charts... Anchored VWAP. It's been added as a drawing tool and getting started is easy:
1. Select Anchored VWAP from the drawing tools list on the chart’s left-side panel.
2. Now select a point on the chart from which you would like to start your calculation.
3. Click that point and the VWAP line will instantly calculate and appear on your chart.
4. In addition, you can change the color and thickness of the Anchored VWAP line by double-clicking on it and adjusting its colors and style in Settings.
Anchored VWAP displays the volume-weighted average price for a specific time period, starting from a user-selected point. In other words, Anchored VWAP shows the price of an asset adjusted for its volume starting from any point chosen on the chart. This is a powerful tool because it takes into account the number of shares traded at each price level and presents it as a smooth line anchored to any moment in time.
We’re excited to help the trading and investing community by adding Anchored VWAP to all TradingView charts. Also, if you missed it, we’ve recently improved the original VWAP indicator and now you can choose the interval to calculate. This gives traders the ability to construct any VWAP line based on a time interval of their choosing.
Please leave any comments or questions you may have in the comments below. If you're an expert at using Anchored VWAP , please share some tips and strategies so that new traders and investors can learn from you. Thanks for reading!
Infosys Preparing For A Bull Run Hi Folks,
Sharing Some Thoughts on Infosys Hope you Guys Like It,
Thank You,
