This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & Unusual Market Volume Detector (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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1-15-2024
Up trend with GREEN TrapZone but RED UMVD at the moment causing price to move sideways.
* 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
--------------------
1-15-2024
Up trend with GREEN TrapZone but RED UMVD at the moment causing price to move sideways.
Note
On Hourly - Green TrapZone is new and Bars are still GRAY.Note
Selling shows up on UMVD, bringing the price down a bit.Note
RED TrapZone formed but with GREEN UMVD pushing the price higher again.Visit snowflaketrader.com to get access to Free & Premium resources for Traders
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.