Hey guys, FEDERATED HERMES is in a fake bearish configuration with a trail made by sellers and a high buying volume traded. The TIMEFRAME M1 makes us observed an upside down hammer candle with a large volume of purchases made, it will test the VWAP. And the broken go on its last lowest which is outside to see if we can have a break on its level for my part I don't think so. There is a great chance of breaking the price by going on the VWAP with test precedent and going to test the consolidation zone. Then then the breakout to reach another and go to its next higher. But not enough force for the moment, nonexistent sight on the MULTI TIMEFRAME H4 and H1 so it can go back to start again later!
Please LIKE & FOLLOW, thank you!
Please LIKE & FOLLOW, thank you!