Lloyds Bank Analysis - Continuous, Just as the Markets !

23 Jan 2024

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

--------------------

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 !

23 Jan 2024

Nota

Hourly chart analysis - Gray Bars at the moment

24 Jan 2024

Nota

RED Coming back in after Divergence at the moment

25 Jan 2024

Nota

Latest - DOWN Trend with RED TrapZone Continues

25 Jan 2024

Nota

29 Jan 2024

Nota

Hourly Check In - Prices is flirting with a KEY Level.
RED TrapZone & RED UMVD - Down pressure is on. Market closed with a GRAY Bar !

30 Jan 2024

Nota

Latest Intraday

1 Feb 2024

Nota

Latest Intraday

5 Feb 2024

Nota

Side By Side Analysis - RED UMVD pulls the prices back under the RED TrapZone. It may start sliding again to continue the hourly trend

9 Feb 2024

Nota

Waiting for RED on RENKO UMVD for another move DOWN !

25 Feb 2024

Nota

Buyers came in and took the Prices higher. Transition point ? Green TrapZone is Yet to Form - usually leads to fast Retrace back down,

8 Mac 2024

Nota

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 price

25 Mac 2024

Nota

Hourly Technical Analysis Check In
Uptrend 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.