Hey my friends, HOWMET AEROSPACE is in a bearish fake dynamic with a kind of water-carrying candle followed by a marked bearish leg and a buy volume return made. In the TIMEFRAME M1 we can see a large hammer candle with a low return of issued purchase volume. It came to check the base of the bollinger to get to the top of the balance zone and test it. Great propability to breakout the price with momentum then then the zone to reach the one above and go to the next high.
The highest of the bollinger will be tested excessively (on TIMEFRAME H4) before breaking out a similar equilibrium zone (on TIMEFRAME H1) and test at the high point of this one. Possible test of half of the intermediate median of ANDREWS PITCHFORK.
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The highest of the bollinger will be tested excessively (on TIMEFRAME H4) before breaking out a similar equilibrium zone (on TIMEFRAME H1) and test at the high point of this one. Possible test of half of the intermediate median of ANDREWS PITCHFORK.
Please LIKE & FOLLOW, thank you!