SnowflakeTrader

SnowflakeTrader Updated 

Selling started at the top and the price has stayed in range, making multiple attempts for break out. GREEN TRAPZONE - clear uptrend confirmed with Angle 6 in place now. RED UMVD - Distribution, i.e. Profit selling. Most likely a spike above the range as this would be the 3rd attempt, before falling back towards the GREEN TrapZone. Hopefully GREEN UMVD will show...

SnowflakeTrader

We have RED UMVD and RED TrapZone. With Red bar starting to form again. lets see if we gain selling momentum or not. Will post the daily after this.

SnowflakeTrader

Price is at the angle 3 at the moment. We have confirmed Resistance at 1790 area. Now we are selling hard. I don't thing the angle will hold the price and we will see RED UMVD soon !

SnowflakeTrader

Long term Technical suggest we are in a Up Trend on Angle 6. Green UMVD & GREEN TrapZone at the moment with Very WIDE Ranges on the Daily. Will post hourly for swing analysis as a thread next. What are your thoughts ?

SnowflakeTrader

TrapZone is Red But Sideways. Price is going sideways now. Recent GREEM UMVD Pushing the price Up. Expect a cycle back down if we break the 4th Angle UP. No need to waste Risk on this action!

SnowflakeTrader

This area offers the best Risk to Reward ratio for Opening Fresh Short positions Top of the TrapZone, Once RED UMVD starts and we start seeing RED Bars again If VIX stays high we can get another leg down!

SnowflakeTrader

GREEN BARS above RED TrapZone are Good Risk to Reward Zone forr Re-entring Short. Keep an eye on the UMVD and wait for it to Turn RED and risk one Hour Bar Stop or 2 depending on your appetite.

SnowflakeTrader Updated 

Short term trend is DN with angle 2 now approaching UP angles 2-3. We have RED TrapZone and RED UMVD with RED BAR. That means there is no Buy signals for some time. If you are tempted to Buy, just look to the LEFT when the TrapZone was GREEN and Trap Bars were GREEN with GREEN UMVD - That is how Buy environment looks like. GREEN UMVD will show that buyers are...

SnowflakeTrader Updated 

We are going to face the downward angle 1 as resistance soon, we have GREEN BARS< TRAPZONE AND UMVD. so current Trend is on the upside. Watch out if we stall and break angle 3 going up and start sliding towards angle 2. Angle 2 should provide support in that case.

SnowflakeTrader Updated 

GREEN TrapZone just starting on Hourly with GREEN UMVD i.e. buyer coming back now. GREEN Bars mean strong Up momentum. It may retrace back to the top of the TrapZone to test Buyers

SnowflakeTrader Updated 

A very clear and consistent HH-HL price action and measured moves down ! I believe we will see a retrace back to the TrapZone. what do you think ?

SnowflakeTrader

Bullish Pattern, Its been side ways for last two months, Keep you eye on the UMVD as we approach the highs

SnowflakeTrader Updated 

This is the support for Angle going UP . IF we break this and the RED UMVD continues may see the lows again. DOWN Trend is intact with ANgle 3 Down at the moment.

SnowflakeTrader Updated 

2258 support held, but 2340 is now offering resistance. We have Buyers pushing the prices up for sure, see the GREEN UMVD started last week. We have gREEN Bars but TrapZOne is still RED>

SnowflakeTrader Updated 

This up move is different, It started with GREEN UMVD and now Green TrapZone is also showing up. Current bars are Gray so we must wait for GREEN Bars to enter when up momentum resumes. If we break both angles going UP , down trend may resume so keep you Technical Tools handy :)

SnowflakeTrader Updated 

GREEN TrapZone is back and UMVD Picked the end of retrace perfectly. We have a bit of steep angle 4 but it just means UNTIL we break it - we have very strong momentum up. Angle 1 from the recent downtrend is close by, so it will be short term target, as loong as we have Green BARS and GREEN UMVD !

SnowflakeTrader Updated 

Selling on UMVD, Angle 1 is as low as $3, that will be good R:R entry for long. I don t thing 4.2 will hold is we keep seeing more selling.

SnowflakeTrader 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 &...