Hey people, DROPBOX is in a bullish push with strong past buying volume and a trace made by buyers. In the TIMEFRAME M1 we observed a kind of hammer candle with a decrease on a volume return in purchase issued, it came to test the consolidation zone. High potential to breakout the price then subsequently breakout the zone to go to the second zone and land on the next high. With a first higher on the TIMEFRAME H4 and two higher (on the TIMEFRAME H1).
And if the buyers are still in the Momentum to climb on the high after before breakout of a consolidation zone. Little buying power to test half of ANDREWS PICHTFORK's median.
Please LIKE & FOLLOW, thank you!
And if the buyers are still in the Momentum to climb on the high after before breakout of a consolidation zone. Little buying power to test half of ANDREWS PICHTFORK's median.
Please LIKE & FOLLOW, thank you!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.