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...