This is one of the vwap engine set ups.
Buy from MDM with final target at Daily ATR distance away from entry level.
Stoploss is 1.5ATR of hourly bars.
On this chart:
Red line = final support line, below that is potential trend change
Blue lines = target lines
White line = original expected trend line
Green line = target line from white line
Buy from MDM with final target at Daily ATR distance away from entry level.
Stoploss is 1.5ATR of hourly bars.
On this chart:
Red line = final support line, below that is potential trend change
Blue lines = target lines
White line = original expected trend line
Green line = target line from white line
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