Tapestry, Inc.Short
TASPESTRY Offer
Hey guys, TASPESTRY is in a bullish dynamic with a marubozu and a high volume of purchases issued. In TIMEFRAME M1 we see an upside down hammer candle with a large purchase volume, it is in full breakage of the base of the bollinger. To go on its last low and make a turnaround. TAPESTRY will re-test the highest starting on the VWAP in order to break it and come again to test the top of the consolidation zone. Great possibility of breaking out the price with its momentum at the same time for the zone to arrive on the second zone and to put on the next high.
It starts at the top of a consolidation zone for test then breakout before adjustment (on TIMEFRAME H4, H1). After reaching the high point on TIMEFRAME D1 similar excess of TIMEFRAME H1 for filling a bearish breakout gap. Next last previous higher TIMEFRAME H4 + excess TIMEFRAME H1 end up testing the top of the bullish channel symbolic number of 37.00
Please LIKE & FOLLOW, thank you!
It starts at the top of a consolidation zone for test then breakout before adjustment (on TIMEFRAME H4, H1). After reaching the high point on TIMEFRAME D1 similar excess of TIMEFRAME H1 for filling a bearish breakout gap. Next last previous higher TIMEFRAME H4 + excess TIMEFRAME H1 end up testing the top of the bullish channel symbolic number of 37.00
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.