Hello traders, VISHAY INTERTECHNOLOGY is in a bearish fake dynamic with high volume traded and panic then slowdown on the part of buyers. The TIMEFRAME M1 we notice a hammer candle shape accompanied by a buying shadow with a high volume of past sales. It goes in the direction of the last lowest and make a reversal to integrate the comfort zone to fit on the VWAP. And breaking it starts at the top of the zone to test it. Strong possibility of breaking out the price then subsequently the zone and reaching the top which follows. Before test the top of the comfort zone for breakout and go to the top of the bullish channel for test.
Please LIKE & FOLLOW, thank you!
Please LIKE & FOLLOW, thank you!