This video is all about the volume-weighted average price. VWAP is a widely used concept that can be utilised to understand the underlying trend of the chart and also to determine expected levels of support and resistance. The TradingView platform offers its users to plot VWAP both as an indicator and a tool. I prefer to use the anchored VWAP tool, which gives me a good understanding of the immediate short-term supports and resistances. There is also a recent addition of the auto anchored VWAP, wherein the indicator does the job of automatically plotting the indicator which you want to plot on your chart. I hope this video will be helpful to you. Do share your thoughts and suggestions, and yes, in case you use VWAP as well, feel free to share your experience and suggestions.
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