Anchored VWAP · Learn · Degree & Phase

VWAP is the average price everyone paid, weighted by how much traded at each level. Anchored VWAP starts that average from a specific moment that mattered: an earnings gap, the top of the last rally, the day of a crash. That one choice turns a generic average into something much sharper.

Not a random level. The anchored line is the average price paid by everyone who bought since the anchor: their collective break-even. When price falls back to it, that whole cohort is at even, and they decide together whether to defend, add, or bail. That decision is why the line acts as support or resistance.

Institutions watch this line closely, because it answers a question that matters to size: is the average buyer since the event under water or in profit? A stock reclaiming its earnings-gap AVWAP is a different animal from one bleeding below it, even at the same price.

Anchor wellFrom events, not dates. Anchor to the last major high, low, or gap: a moment traders actually remember and priced around. Anchoring to an arbitrary Tuesday tells you nothing.

ConfluenceWhere it lines up, it matters more. An AVWAP sitting right where a wave count expects support is a level worth real attention: two independent methods pointing at the same price.

How we use it

Elliott and Wyckoff tell us roughly where a turn should happen. AVWAP gives us the exact price to watch for it: the specific level where the crowd's break-even sits. That's how a structural read becomes a tradeable entry, stop, or target.