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Avwap

Earth and Sky AVWAPThis shouldn't need much explanation. I like to use brown for the ground and blue for the sky. I mostly wanted to say thanks to @TradingView for giving us a free point-and-click anchored volume weighted average price tool. I can't get enough of it and I haven't thought much about 50-day moving averages in 2020. VWAP basically tells you the point at which a group of buyers is either underwater or not. If price is above a line, the collective position of buyers since the beginning of the line are in profit. If price is below a line they are at a loss. I like to look at everyone that bought since the last bottom (brown) and everyone that bought since the last top (blue). You can see @alphatrends for how to properly chart a VWAP handoff but I like to generally feed the ducks like @Hedgeye above the blue line and add to positions as they break above VWAP consolidations. Keep an eye on the orderbook(s) in conjuction with vwaps and you will get a pretty good idea of when to feed the ducks and when to be a duck, and sometimes when to duck. This isn't typically used on such short timeframes I don't think but works on any.
COINBASE:LTCUSD
by ericscottlykins
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
NASDAQ:INSGLong
by ETrades1
2
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
NYSE:AQNLong
by ETrades1
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
SLong
by ETrades1
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
NYSE:RCUSLong
by ETrades1
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!
BYBIT:BTCUSD.PLong
by OrcChieftain
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.
Short
by OrcChieftain
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! ☺
Long
by OrcChieftain
3
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.
ICEUS:CC1!Long
by OrcChieftain