Hey guys, INGREDION is in a fake bearish move with a gravestone and low purchase volume made. On the TIMEFRAME M1 we can see a marubozu with a low buy volume and just before a high sell volume has traded. Strong potential for breakout the price at the same time a breakage of the VWAP will exercise to get to the top of the consolidation zone. After a breakout will be done to join a new zone and go to the next top excess (on TIMEFRAME H4). And an aut passed to finish at the top of the balance zone. Not enough power to test the intermediate median of ANDREWS PICHTFORK.
Please LIKE & FOLLOW, thank you!
Please LIKE & FOLLOW, thank you!