#DayTradingStrategy

• Market Structure (Support/Resistance)

Identify levels where the price has repeatedly stopped (horizontal support/resistance) or trend lines defining a channel or wedge. Breakouts of such levels often lead to strong intraday movements.

• Volume Confirmation

Look for breakouts with volume above the average — this is a sign of institutional participation or larger players. High volume distinguishes real breakouts from false ones.

• VWAP (Volume-Weighted Average Price)

VWAP is the volume-weighted average price, calculated from the session open. If the price respects VWAP during a retest, it suggests “fair value” and confirms the strength of the move.

• Momentum (RSI or Stochastic RSI)

Use a short-term RSI (7–14) to assess overbought/oversold conditions. During retests, ideally, RSI exits extremes (30/70), confirming the continuation of the move.