Hey guys, CULLEN FROST BANKERS is in a bearish fake dynamic with a slowdown in trading volume and a hammer candle shape. The TIMEFRAME M1 shows a hammer candle with a low return in purchase volume made on the VWAP. Which also sits on the base of the bollinger to go on its highest and end up on the top of the balance zone for a retest. Great possibility of breaking out the price with the return of momentum then then the zone to arrive in another and beissier on the top that comes.
With filling of a breakout gap to come and test the top of a balance zone for the breakout before checking a resistance which is the neckilne. No buying force at this time.
Please LIKE & FOLLOW, thank you!
With filling of a breakout gap to come and test the top of a balance zone for the breakout before checking a resistance which is the neckilne. No buying force at this time.
Please LIKE & FOLLOW, thank you!