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stephanelibatd
Nov 5, 2020 1:12 PM

REPUBLIC SERVICES Strategy Daily Short

Republic Services, Inc.NYSE

Description

Hello traders, REPUBLIC SERVICES is in a fake bearish configuration with a large volume of buying made and a trail of sellers. On the TIMEFRAME M1 we can see a rejection of the sellers followed by a panic, it goes to its last low to return to its price increase. Great likelihood of going to the next high (See TIMEFRAME H4) and if the buyers are still in the game manage to fill the bearish breakout gap. For arrival on the next high between significant resistance on the TIMEFRAME H1.
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