Morning formation not complete. We have hit AVWAP and waiting to hit 50 Fib with a false move but we have not. AVWAP stopped it.
That's an 1HR tick chart
The Entry was visible on the 30 min tick chart with an Exit from Range. New wave type especially useful for tick charts shows probable sellers at top. The reasoning and the entry is confirmed after we break the range. The target ? Where else? we found buyers on 50 FIb.