Hey guys, ROGERS COMMUNICATIONS is in a fake bearish trend with a return of buying volume and a refusal from the sellers. Looking at the TIMEFRAME M1 we see a dash with a large volume of purchase that tests the stabilization zone doing a pull back. Great possibility of breaking out the price then at the same time the zone to reach the next high. Then excess on the top after (on TIMEFRAME D1) excess on the last top (on TIMEFRAME H4) two excess and an addition (on TIMEFRAME H1). Not enough force to test the last high point of severe panic at the sight of TREND BASED FIBONACCI EXTENSION.
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Please LIKE & FOLLOW, thank you!