Reading Control on FEED: VWAP, Lower Highs & Lower Lows
In this video, I break down FEED on the 5-minute chart and show how VWAP defined the shift in control. Early in the session, VWAP acted as support and pullbacks into it were buy zones. Once price stopped holding VWAP, the trend changed. Lower highs and lower lows formed, VWAP flipped to resistance, and sellers took over. The goal as a trader is to read who’s in control and adjust your bias when that control changes.
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Troy Peterson
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Reading Control on FEED: VWAP, Lower Highs & Lower Lows
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