Hello traders, NORDSON CORP is in a fake bearish configuration with a fake return of sell volume executed. Looking at the TIMEFRAME M1 we notice a dash with a low volume of purchase made, she came to test the VWAP to return. Based on the bollinger and access the top of the balance area to chick it again. It is very plausible to breakout the price with the return of momentum at the same time the zone to interfere in another and put on the high which comes.
With an attempt to close the bearish breakout gap before further breaking out an equilibrium zone (See TIMEFRAME H1).
Please LIKE & FOLLOW, thank you!
With an attempt to close the bearish breakout gap before further breaking out an equilibrium zone (See TIMEFRAME H1).
Please LIKE & FOLLOW, thank you!