Piphunterss wrote: Wed Mar 19, 2025 8:08 pm
hey Cag hopefully your in good health thnks for little info
my question would be since zigzag repaints how to understand this logic as whole i would mention the gold last day movement near usa session close everything was bearish and we had red vwap but today that red vwap has been disappeared leaving the last blue vwap still bullish , how do u see this
If you faced a "possible" bias change (a.k.a. the creation of a new arrow), the old avwap is invalidated and a new one starts from the new arrow. Naturally, as the zigzag recalculates, you cannot use the new AVWAP before you have a second dot + any EMA you want to use that confirm the new arrow strength (a.k.a. a possible
trend reversal for squared arrows or a new leg for normal arrows). You will see that zigzag dots respect this new avwap when the arrow is valid and do not when the arrow is just a new HH/LL waiting for a pullback and not a reverse point.
Does it help?