/biz/ - Business & Finance

>>28415846
it's going down now. right now it's forming sell setups, you'd want it to be above the VWAP and in an uptrend before you take buy setups. here i marked the sell setups for you but i can't take them because it's HTB. looks like it could be forming another sell setup soon here, marked in red if it starts dropping from here or forms an inverted hammer.

note that you could also take those bounces off of the vwap for scalps on the return to the EMA 20 but when price is sandwiched between the EMA's and the VWAP it's usually not good and likely to range so you want to take small targets. does it make sense? should be pretty clear visually i think. stop loss goes above or below the entry bar or nearest pivot.