Hey my friends, NEWS CORP NEW is in a fake bearish configuration with a fake return of traded sell volume and a marubozu. The TIMEFRAME M1 shows us an upside down short trace hammer candle with a fake return of sales volume executed. It goes towards its last low point which is below the low of the bollinger to make a reversal. Then she will leave again to check the top of the balance zone and the bollinger as a whole. The price is highly prone to breakout with the return of momentum thereafter for the zone to arrive in the next and climb to the top following.
With a catching up of the panic before the session to go and test the top of the equilibrium zone and then go to the top of the bullish channel. In order to make a new check of it and take into account the symbolic figure of 20.00.
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With a catching up of the panic before the session to go and test the top of the equilibrium zone and then go to the top of the bullish channel. In order to make a new check of it and take into account the symbolic figure of 20.00.
Please LIKE & FOLLOW, thank you!