Check and trade along with Volume and Direction on Higher time frame.
I set AVWAP on 1hour and use 12Min for direction and confluence with Volume on 3 minutes, use CPR levels for targets. You can see the levels given are above TC and BC above and below pivot aligning with the VWAP drawn for 2 days and day low.
I set AVWAP on 1hour and use 12Min for direction and confluence with Volume on 3 minutes, use CPR levels for targets. You can see the levels given are above TC and BC above and below pivot aligning with the VWAP drawn for 2 days and day low.
Trade closed: target reached
Broke above 28855 went upto 29221 before reversing. Closed tradeNote
Reversal happened at the upper AVWAP band , didnt try to hit R1 on CPR. Targets to be first the Upper band of AVWAP and if it strongly moves above then the CPR Resistance levels.. Good trade.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.