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stephanelibatd
Jan 13, 2021 3:23 PM

The ONEOK FOLDER Daily Short

ONEOK, Inc.NYSE

Description

Hey traders, ONEOK FOLDER is in a bullish movement with a large buy volume executed and a hammer candle. On the TIMEFRAME M1 we see an upside down hammer candle which bounced off the base of the bollinger, which corresponds to the test of the balance zone. Big breakout potential then took the area to make a new one with bollinger test and access the coming high. In order to make an attempt to fill a bearish breakout gap before breakout of an equilibrium zone (See MULTI TIMEFRAME including the H4 and H1).
Little buying power to test the breakout and the intermediate median of ANDREWS PITCHFORK.
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