HMT v2.0 detected. The setup looks promising, supported by a previous upward/downward trend with increasing volume and momentum, presenting an excellent reward-to-risk opportunity.
HMT (High Momentum Trending): HMT is based on trend, momentum, volume, and market structure across multiple timeframes. It highlights setups with strong potential for upward movement and higher rewards.
Whenever I spot a signal for my own trading, I’ll share it. Please note that conducting a comprehensive analysis on a single timeframe chart can be quite challenging and sometimes confusing. I appreciate your understanding of the effort involved.
If you find this signal/analysis meaningful, kindly like and share it. Thank you for your support~ Sharing this with love!
HMT v2.0: - Major update to the Momentum indicator - Reduced false signals from inaccurate momentum detection - New screener with improved accuracy and fewer signals