Scalping Break Above Daily VWAP

1. Upward trend with higher highs and higher lows. Price rejects at Daily VWAP on first attempt (5)

2. After rejection starts to make it seem like a downward trend with lower lows and lower highs but doesn’t descend much below the previous low of the uptrend. See (1) of downtrend doesn not go much below (4) of the uptrend. Subsequent candles also consolidate around here.

Likely this is a fake out before reversing and continuing upward trend.

This time on the second attempt it cleanly breaks through the Daily VWAP.

3. Enter after price shoots above VWAP confirming breakout. MACD is also in a uptrend. Exit after a couple of candles to complete the scalp.