Hello traders, MAGELLAN MIDSTREAM PARTNERS is in a bullish movement with indecision candle and past stable buy volume. The TIMEFRAME M1 we notice a dash with a low volume of purchase made it goes towards the top of a range. What are you going to try to test again there is a great chance of breaking out the price for the zone and arriving in the next one Then go to the top after. At the same time we are going to pass above the rsi and if the buyers are still in the process, reach the second high (on the TIMEFRAME H4 for view). The first high on TIMEFRAME H1 with two highs to pass on this unit before the breakout test on a new zone. Not enough power to test the intermediate median of ANDREWS PICHTFORK.
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Please LIKE & FOLLOW, thank you!