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AVAXUSD Long Trade Target 31$

The AAVAXUD pair breakout from the downtrend stabilizing right above CC Fib (0.618 and 0.66). Next, we are looking at a closed above Anchored Vwap & NPOC both coming at 16.9 USD. Any close above that will start an impulsive move up to the levels described on the chart. We are looking at the high of the range coming at 30$. The bases for the Analysis is the Fixed rage volume profile, Weekly candles are constructed based on fractals for liquidity and the structure is based on previous break out.

Note analysis is done on a Weekly time frame.

This is not a Financial Advice just my analysis and trading plan.

16.94$ A small TP 1 and move stop loss to Neutral. Anchored VWAP and NPOC

22.72$ TP 2 - VAH of the Range.
Any close above 22.85 above the parallel channel I am looking at TP 3 and final.
30$ is VAH TP 3

Then I will wait for a retracement to the CC levels and possibly a New yearly High.
Chart PatternsTechnical IndicatorsTrend Analysis

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