Do you only use the qVWAP? I would also recommend marking the previous quarter VAH/ VAL and working with anchored VWAPs on the highs/lows.
Otherwise it looks to me more like a slow bleed with acceptance in a lower range/ retest of the lows. And as long as the -1 std. dev. is not accepted and we get a HTF close below it, close the trade
Otherwise it looks to me more like a slow bleed with acceptance in a lower range/ retest of the lows. And as long as the -1 std. dev. is not accepted and we get a HTF close below it, close the trade
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@Ph1l1pp Thank you for your perspective! I always start my analysis with volume (VRVP) at the different time levels - long term weekly chart, the last few years with daily chart and then the close range. Value area volume at 68 in the VRVP.
In addition to the anchored VWAP, I also look at the VWAP at different levels. Whereby I have quite good odds with my setup - the anchored VWAP at the low of the trend change.
I am speculating that MMK has seen the lows around €65 and will hold them if they are tested again. We will see...
In addition to the anchored VWAP, I also look at the VWAP at different levels. Whereby I have quite good odds with my setup - the anchored VWAP at the low of the trend change.
I am speculating that MMK has seen the lows around €65 and will hold them if they are tested again. We will see...
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