Lloyds Bank Analysis - Continuous, Just as the Markets !
Updated
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 is retracing a bit with GREEN UMVD coming in now. Bunch of Trapped Buyers !
* 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 is retracing a bit with GREEN UMVD coming in now. Bunch of Trapped Buyers !
Comment
Hourly chart analysis - Gray Bars at the momentComment
RED Coming back in after Divergence at the momentComment
Latest - DOWN Trend with RED TrapZone ContinuesComment
Comment
Hourly Check In - Prices is flirting with a KEY Level.RED TrapZone & RED UMVD - Down pressure is on. Market closed with a GRAY Bar !
Comment
Latest IntradayComment
Latest IntradayComment
Side By Side Analysis - RED UMVD pulls the prices back under the RED TrapZone. It may start sliding again to continue the hourly trendComment
Waiting for RED on RENKO UMVD for another move DOWN !Comment
Buyers came in and took the Prices higher. Transition point ? Green TrapZone is Yet to Form - usually leads to fast Retrace back down,Comment
Showing examples of Class A & Class B entries on this chart for reference using the TrapZOne Pro tool. Up Trend is Intact and Buying keeps supporting the priceComment
Hourly Technical Analysis Check InUptrend has been supported by Angle one for a very long time. The recent angles up to 4 are very steep and there fore a retrace can occur at the break of that trend line. Keep an eye on the UMVD for clues.
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