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  • /Downtrendbreak

Downtrendbreak

Pressure Transfer ZoneMany reversal indicators tell you when a market looks stretched. Pressure Transfer Zone asks a harder question: when price returns to the extreme, can the side that drove it there still make meaningful progress? This indicator was built to identify a specific form of failed continuation. It waits for a strong directional drive, a real retreat, and then a second attempt at the extreme. If that second attempt makes little progress and closes with clear rejection, the script freezes the structure
Indicator
by Finntech1

Made by humans

Select market data provided by ICE Data Services. Select reference data provided by FactSet. Copyright © 2026 FactSet Research Systems Inc.Copyright © 2026, American Bankers Association. CUSIP Database provided by FactSet Research Systems Inc. All rights reserved. SEC filings and other documents provided by Quartr.© 2026 TradingView, Inc.

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