Hey my friends, CHEMOCENTRYX is in a fake bearish configuration with a return of paid buy volume and an upside down hammer candle. Looking at the TIMEFRAME M1 we see a kind of upside down hammer boom with a low past sales volume, it is heading towards its last previous one below to turn around. And leaving on the VWAP to test it, it can be broken in force and reach the top of the range for a test of it. It is very plausible to breakout the price with the zone to reach a next one and land on the top after with an adjustment (on the TIMEFRAME H4 and H1) then a top that comes into execution (on the TIMEFRAME H1) For attempt of a new record. Little buying force to test half of the intermediate median of ANDREWS PICHTFORK.
Please LIKE & FOLLOW, thank you!
Please LIKE & FOLLOW, thank you!