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stephanelibatd
Dec 2, 2020 4:58 PM

MARRIOTT INTERNATIONAL Analysis Daily Short

Marriott InternationalNASDAQ

Description

Hey guys, MARRIOTT INTERNATIONAL is in a fake bearish push with a hammer candle and low buy volume traded. Looking at the TIMEFRAME M1 we can see a rebound in the VWAP with an attempt by buyers. So we have to slow down sellers, it goes towards its last low point to turn around. Great likelihood of testing the VWAP and breaking it in force at the same time a price breakout will be in progress. A consolidation zone will be tested then a breakout to come to join a new zone and pass on the top which is the last panic. After we see on TIMEFRAME H1 a bearish breaking gap but it cannot be filled for the moment. Not enough power to go and test the center of the median of ANDREWS PITCHFORK.
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