Hey my friends, APA CORPORTATION is in a fake bearish configuration with a large inverted candle and a fake return of sell volume made. Looking at the TIMEFRAME M1 we see a large inverted hammer candle with an explosion in the negotiated purchase volume, it has come to test the bottom of the comfort zone. To check it for then the other points of the bollinger and the VWAP then the top of the comfort zone for a test.
There is a great chance of breaking the price with the return of momentum at the same time the zone interferes on the one above and put on the top which follows. Before breakout a comfort zone propability of ascent (on TIMEFRAME H4) same point (on TIMEFRAME H1) failure of resistance and long termistism bullish channel.
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There is a great chance of breaking the price with the return of momentum at the same time the zone interferes on the one above and put on the top which follows. Before breakout a comfort zone propability of ascent (on TIMEFRAME H4) same point (on TIMEFRAME H1) failure of resistance and long termistism bullish channel.
Please LIKE & FOLLOW, thank you!