Hey guys, CENTERPOINT ENERGY is in a bullish momentum with a return of buying volume traded in a hammer candle shape. In TIMEFRAME M1 we see a candle an upside down tombstone and a weak explosion on the purchase volume made. It bounced off the base of the bollinger to test it, then went to its high again and went to the top of the consolidation zone to check it. Great potential to breakout the price with the momentum of both the area to join another and land on the next higher.
Before a new higher for the breakout an area with an excess (on TIMEFRAME H4) propability on the second higher. And an excess for the attempt to fill the bearish breakout gap (on TIMEFRAME H1). No buying push to test the intermediate median of ANDREWS PITCHFORK.
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Before a new higher for the breakout an area with an excess (on TIMEFRAME H4) propability on the second higher. And an excess for the attempt to fill the bearish breakout gap (on TIMEFRAME H1). No buying push to test the intermediate median of ANDREWS PITCHFORK.
Please LIKE & FOLLOW, thank you!