Hey guys, IDEX CORP is in a bullish push with large buying volume issued in a water-carrying candle shape followed by a large rising leg. On the TIMEFRAME M1 we see a hammer candle upside down with a high negotiated purchase volume, it goes on its low point which is on the lowest of the bollinger to make a reversal to retest the different levels of the bollinger. And at the end, check the top of the consolidation zone again.
Big potential for breaking the price with momentum and then the zone to join another and land on the next high. Not enough buying power filled the bearish breakout gap and test the intermediate median of ANDREWS PITCHFORK.
Please LIKE & FOLLOW, thank you!
Big potential for breaking the price with momentum and then the zone to join another and land on the next high. Not enough buying power filled the bearish breakout gap and test the intermediate median of ANDREWS PITCHFORK.
Please LIKE & FOLLOW, thank you!