The LIBERTY MEDIA CORPORATION Price
Hey traders, LIBERTY MEDIA CORPORATION is in a bearish dynamic fake with high volume buy executed and a large upside down hammer candle. By zooming in on the TIMEFRAME M1 we observed a dash with a weak explosion in the purchase volume spent to go and test the highest of the bollinger. And come check the top of the bearish channel which corresponds to a major resistance level.
It is very plausible to breakout the price with the momentum at the same time the resistance then the bearish channel and put on the high which follows. Propable filling of the bearish breaking gap but little force to arrive on the high after we fail on a neckline for the moment.
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It is very plausible to breakout the price with the momentum at the same time the resistance then the bearish channel and put on the high which follows. Propable filling of the bearish breaking gap but little force to arrive on the high after we fail on a neckline for the moment.
Please LIKE & FOLLOW, thank you!