Hey Tradingview community, LUMEN TECHNOLOGIES is in a bearish push fake with a sort of inverted hammer candle and a buy volume return issued. On the TIMEFRAME M1 we notice a shape of an inverted hammer candle with a fake return of executed sales volume, it is heading towards its last previous lower. Make his swallow come back check the base of the bollinger as well as the VWAP to finish on the top of the consolidation zone and stay there.
Great potential for a price breakout with momentum in both the area to join the new one and move to the next high. Before the breakout of the zone see if we will try to close the breakout gap of bearish which is on the next high to go to test the intermediate median of ANDREWS PITCHFORK. But that can not do this session for the fill.
Please LIKE & FOLLOW, thank you!
Great potential for a price breakout with momentum in both the area to join the new one and move to the next high. Before the breakout of the zone see if we will try to close the breakout gap of bearish which is on the next high to go to test the intermediate median of ANDREWS PITCHFORK. But that can not do this session for the fill.
Please LIKE & FOLLOW, thank you!