This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators.
* Trend is Based on TrapZone Color
* Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves.
* Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply & Demand
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1-23-2024
Strong downtrend with RED TrapZone established for days now. Price retraces with GREEN UMVD but the effect is not the same as RED UMVD - Obviously. Price is retracing a bit again with GREEN UMVD coming in now.
* Trend is Based on TrapZone Color
* Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves.
* Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply & Demand
--------------------
1-23-2024
Strong downtrend with RED TrapZone established for days now. Price retraces with GREEN UMVD but the effect is not the same as RED UMVD - Obviously. Price is retracing a bit again with GREEN UMVD coming in now.
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Intraday settings - RenkoNota
Hourly Chart Analysis - See the power of TrapZone Pro and UMVDNota
Are BULLS Trapped now - keep an eye on the TrapZone if it changes color to RED we go DOWN>Nota
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Latest - Green TrapZone forming again. Keep an eye on the UMVDNota
Hourly Check In - Like many other stocks, we have prices at a KEY level. RED TrapZone & RED UMVD means down Trend. Watch for GRAY Bars turn to RED for continuation downwardNota
Latest IntradayNota
Latest IntradayNota
Latest IntradayNota
Side By Side analysis - It may be ready to roll over if we get RED UMVD after divergence. Hourly Downtrend may restartNota
Trend is Obvious with Both TrapZones. Hopefully the Class A entry was a breeze to enter. Sellers are in control.Nota
Latest - Nota
Watch out - Bull Trap Possible here Nota
Hourly Technical Analysis Check InUp Trend has met its match. The 1st angle of Down Trend is intact while we are making a steep angle 5 up. If it breaks with RED UMVD - we will retrace deeper to 4 and may be angle 3
Nota
Here is a Daily for reference to above comment. RED UMVD in place at the moment on Daily = net sellingNota
Latest 
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Visit snowflaketrader.com to get access to Free & Premium resources for Traders
Email : support@snowflaketrader.com
WhatsApp (Messages Only) : +1 341 345 8266
Discord : snowflaketrader
Email : support@snowflaketrader.com
WhatsApp (Messages Only) : +1 341 345 8266
Discord : snowflaketrader
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.