Hey traders, AMERICAN FINANCIAL GROUP INC
OHIO is in a bearish
fake movement with a kind of water-carrying candle followed by a bearish
leg and a return of negotiated buy volume
. The TIMEFRAME M1
shows us a marubozu
with a fake return of sales volume
made it is heading towards its last low. See a possible test of the bollinger's low or the VWAP
make a trend reserve to directly recheck the top of the consolidation zone Strong propability to breakout the price with momentum thereafter the zone to join another and access the next upper. With possible resistance testing if buyers are up for it we can try to give way. See the reaction on this level.
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