Hello traders, VIACOMCBS is in a fake downtrend with a return of purchase volume made. By zooming in on the TIMEFRAME we see a doji with a fake return of sales volume executed, it is heading towards its last lowest. Make your trend reversal to go to the top of the bollinger to check it and move to the top of the range for another test. It is very plausible to breakout the price with the momentum then at the same time the zone to interfere on the next one and climb on the last preceding one higher. Including two adjustment (on TIMEFRAME H1) Before the test for the breakout of the range and we can see the key figure of 57.00.
Please LIKE & FOLLOW, thank you!
Please LIKE & FOLLOW, thank you!