Hey people, INTERNATIONAL FLAVORS & FRAGRANCES is in a fake bearish configuration with a return of executed buy volume and an upside down hammer candle shape. On the TIMEFRAME M1 we see a hammer candle upside down with a large sales volume, it in full breakage on its basis of the bollinger trend reversal. On her last tallest low, she will re-test her base and then her highest, in order to reach the top of the stabilization zone for testing.
Great potential to breakout the price with the momentum at the same time the zone to reach a new one and to go to the next high. With the push buyer can climb up after for a possible test of the intermediate median of ANDREWS PITCHFORK. Then a breakage of it in force to come.
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