Hey people, SHAW COMMUNICATIONS is in a fake bearish push with a return of purchase volume made and a shape of a hammer candle upside down. In the TIMEFRAME M1 we notice a hammer candle with a large purchase volume executed, it bounced off the lowest of the bollinger. And on the VWAP it is ready to go on the media of this title to test them, in order to find the top of the consolidation zone to test it.
Strong possibility of breaking out the price then then the zone for arrival in a new one and to get on the top which comes. Three highs to go before breakout of a consolidation zone six (on TIMEFRAME H4) and eight for (TIMEFRAME H1). Little buying power to test the intermediate median of ANDREWS PITCHFORK.
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Strong possibility of breaking out the price then then the zone for arrival in a new one and to get on the top which comes. Three highs to go before breakout of a consolidation zone six (on TIMEFRAME H4) and eight for (TIMEFRAME H1). Little buying power to test the intermediate median of ANDREWS PITCHFORK.
Please LIKE & FOLLOW, thank you!