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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1-18-2024 GREEN UMVD pushing the price UP with a strong Green TrapZone.
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Hourly is strong as well. GREEN BARS Above GREEN TrapZone with GREEN UMVD. All aboard !!
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DAily - All green - BUT THE GAP between Price and The Top of the TrapZone is Typical for a retrace. So keep an eye on UMVD in lower timeframes.
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Little RED UMVD causes the pause. Strong GREEN TrapZone
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GREEN UMVD Pushed the prices higher into the close.
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GREEN UMVD took Pries higher, Retraced with RED UMVD after divergence.
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Hourly Check In - GRAY Bars over GREEN TrapZone means lack of upside momentum.
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Latest Intraday
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Latest Intraday -
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Side By Side Analysis - Selling has no effect on this massive Bull Run, Keep an eye on the short term Renko TrapZone
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Reminds me of TSLA going towards 1000 :)
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Class A Entry with nice clean Trend on the Renko !
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We had ample warning for the Retrace via UMVD. Now the Trend has resumed. I am thinking $1000 - why not ? Keep an eye on the bar colors and UMVD changes for exits!
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Hourly Technical Analysis Check In Long term UP Trend angle 6 broken with RED UMVD and Next support area is 834. If that breaks we may reach angle 5 next for support.
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