Price is above daily VWAP (bullish). It pulls back to touch daily VWAP on the 1H chart and forms a hammer candle. That’s a low-risk buy entry.
Shannon's primary philosophy is that a trader should never look at a single chart in isolation. Instead, they should analyze three distinct layers of time to confirm a trade: Price is above daily VWAP (bullish)
: Shannon is a pioneer in using the Anchored Volume Weighted Average Price (AVWAP) to find key support and resistance levels based on significant market events. Where to Find Educational Content Price is above daily VWAP (bullish)