This trade showcases how multiple layers of confirmation โ from anchored VWAP, to macro/micro EMA alignment, to Renko S&R structure โ can come together to provide a clean, calculated short setup.
๐งญ Trade Context:
aVWAP was pinned to a recent high, creating a strong average reference point.
Micro EMAs were breaking to new lows, indicating early trend shift before the macro EMAs followed.
๐ป Touches before the macro EMA cross were ignored, as per the strategy rules โ we wait for macro alignment before counting them as tested.
๐ก Entry Logic:
Macro EMAs crossed down, confirming a directional bias toward shorts.
Price returned to the aVWAP for the first valid touch after macro alignment โ this is our key entry trigger.
The Renko chart added powerful confirmation, with the VWAP touch occurring within a Renko S&R zone, giving an extra layer of confluence.
๐ Risk Management:
Stop was placed just above the 0.75 deviation, tightly defending the short while leaving room for normal price action noise.
Take profit was achieved at a pre-defined level (near 1:1)