Accumulation takes about 4 months as per you can see on the charts, and now we are 5 days away from reaching the 4 months... My AVWAP is about to touch resistance around the 1,900, and the short volume its on a decline, but RSI its on the overbought side. Is a bullish period about to come? What are your thoughts?
When MA are telling that it is a bear market, but I trust AVWAP (5days) which gives me a good entry point. I’ve been trying AVWAP for 2 months and has given me 489% growth with a 1.83 profit factor. I am confirming my entries with - Fibo - Candle pattern - Elliot - AVWAP - Volume and SMA Is anyone using similar combination for confirmation. Am open to have your...