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target filled 🏆
Now if we doesn't bounce from this vwap / prev vwap+2 zone, we will go right to 14762 where the algos will start to buy again (daily open zone + vwap-1)
Ok... that sounds like a bounce at VWAP 😀
These levels are very powerful!
If you understood my article from yesterday, you should understand why we could expect CL to go to its monthly vwap level
ES 4420 looks juicy to monitor as it's vwap -1 Month level + weekly vwap level combined
After 2 long position stopped at breakeven, I had to admit that I was too early with the buys and that CL will probably hit its weekly vwap first.
As ES almost but didn't reach 4420 yet, I took the short on NQ for a very fast and juicy profit. Sold Prev weekly vwap and TP at vwap-1 week.
Well I took it a but higher than 4420 due to the big buyers delta, but as soon as sellers took the hand...
It could be interesting to show you when not to trade too.
On monday mornings, you don't have enough vwap data for the current week yet, but the previous week data is still interesting.
Still I have a favorable direction from higher TF for today if some volatility starts to come.
CumulativeDeltaPro with divergences signal is coming soon
ℹī¸ for the vwap bands pro v1 indicator license owners, you can upgrade your indicator to the v2 for free. If you didn't receive my email on August the 10th for the v2 upgrade process, please contact me at support@trading-revealed.com
CL major H4 trendline broken down. We could see a drop up to a liquidity zone around 86.00, but a first reasonable target is the Monthly VWAP
This VWAP bounce with sellers absorption... 😍