Hey traders, WESTERN ALLIANCE BANCORP is in a truly historic moment and we may have to deal with a new higher in its history. She is in a fake bearish push with a large sell volume issued and a sort of marubozu followed by short legs. The TIMEFRAME M1 shows a water carrier candle shape with a fake return of traded sales volume as it heads to its next low point. To fill a bullish breakout gap, swallow it again to check the base of the bollinger and finish on the top of the equilibrium zone to retest it.
Strong possibility of breaking the price with the momentum then then the zone to reach the one above and make a new historical high. Checking on the bollinger high with a propable test of the bullish channel top, then area with a key figure of 98.00 retuned for now.
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Strong possibility of breaking the price with the momentum then then the zone to reach the one above and make a new historical high. Checking on the bollinger high with a propable test of the bullish channel top, then area with a key figure of 98.00 retuned for now.
Please LIKE & FOLLOW, thank you!