Hey guys, ROYAL CARIBBEAN GROUP is in a false bearish trend with a large volume of purchases issued and an attempt by repressed buyers. Leaning on the TIMEFRAME M1 we see a hammer bull candle shape with past purchase volume. It is very plausible to break the VWAP then to breakout the price zone and put it away to go to a new zone. Subsequently go fill the gap of bearish breakout and breakout again to revel on the high after.
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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.