TSLA - Price action and Volume are trending oppositely

3 thg 10, 2023

Based on analysis of Price Action and Volume together, we can see that current volume is trending higher while the Price has Red TrapZone formed. Therefore there is NO VALID Trade Bias. Price action analysis is performed by TrapZone Pro.

I published a "Volume Only" analysis using the Unusual Market Volume Detector as well to form a contrast. Price action only tells one half of the story, the other half is Volume. So when we put both together we get the complete picture.

4 thg 10, 2023

Ghi chú

LONG Bias Started after Green TrapZone and Green UMVD volume analysis confirmation!