BUY to FIDELITY NATIONAL FINANCIAL Opportunity
Hello traders, FIDELITY NATIONAL FINANCIAL is in a fake bearish trend with a large past buy volume and an upside down hammer candle. By zooming in on the TIMEFRAME M1 we can appreciate a weak sell return negotiate, it is heading towards its last previous lower making its bearish swallow. Which corresponds to the VWAP between a test of the base of the bollinger and going to test the levels of bollinger plus the high of the range failed before.
It is very plausible to breakout the price with the momentum and then at the same time range it, to go to the one above and land on the last higher. After three high points to yield to fill the bearish breakout gap, between a test of the range followed by a breakout of it and an attempt to test the top of the bullish channel.
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It is very plausible to breakout the price with the momentum and then at the same time range it, to go to the one above and land on the last higher. After three high points to yield to fill the bearish breakout gap, between a test of the range followed by a breakout of it and an attempt to test the top of the bullish channel.
Please LIKE & FOLLOW, thank you!