Hello traders, CHUBB LIMITED is in a very important moment in its history we can witness a new historical high. It's in a bearish dynamic fake with a large trading volume and a hammer candle shape. Looking at the TIMEFRAME M1 we see a marubozu with a weak explosion on the volume of purchases issued. It goes on the basis of the bollinger and its VWAP and its highest to check it. In order to test the compression zone for arrival at the top of the range to test it then breakout but with this movement. Great chance to come back up on the last previous one above and the breakout to reach a next zone. We will have to make a new more historic once the cap with a symbolic number of 171.00. Please LIKE & FOLLOW, thank you!
Hi sorry I'm a bit confused. Are you saying you think CH is a buy or that you are shorting it? The text seems to indicate long but the tag says short. Just wondering as I'm analyzing this one myself thanks!
stephanelibatd
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@lzahart, It is analysis for the short term, but it is long term analysis.
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