Hey my friends, COMMERCIAL METALS CO is in a fake bearish configuration with a high volume of sales executed and a wicked bear. In TIMEFRAME 1Min we see a bull candle with a shadow of the sellers, it will collapse on its last low point. And return to the high potential increase of a price increase and resume negotiations. Then to recover the lost gains we start on the high which follows afterwards, to see if the buyers are really back. COMMERCIAL METALS CO can break its 4 resistances and tried to close its bearish gap. Then join the bottom of the first retest candle, See the 4H.
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