#DayTradingStrategy Market Structure (Support/Resistance)

Identify levels where the price has repeatedly halted (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 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's opening. If the price respects the VWAP during a retest, it suggests “fair value” and confirms the strength of the movement.

• Momentum (RSI or Stochastic RSI)

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