Hey people, GENPACT LIMITED is in a bearish fake combination with an upside down hammer candle shape and a continuation on past large purchase volume. By zooming the TIMEFRAME M1 we observed a kind of hammer candle return with a low explosion volume emitted, it came to check its low point. Who is below the low of the bollinger make his reversal of trend to start testing the different points of the bollinger and get to the top of the range.
It is very possible to breakout the price with a possible return of momentum at the same time the zone or to interfere in a new test of the base. And the highest of the bollinger then rise on the high after but no buy on the file due to a sector rotation slowing down wait for a new acceleration.
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It is very possible to breakout the price with a possible return of momentum at the same time the zone or to interfere in a new test of the base. And the highest of the bollinger then rise on the high after but no buy on the file due to a sector rotation slowing down wait for a new acceleration.
Please LIKE & FOLLOW, thank you!