Hey traders, ACADIA HEALTHCARE is in a bearish dynamic fake with a water-carrying candle shape and low return of traded sell volume. In the TIMEFRAME M1 we see a dash with a low volume of purchase made it goes in the direction of the VWAP. This corresponds to the base of the bollinger as well as its highest and end on the top of the balance zone to test it. The price is highly prone to breakout with the return of momentum in both the area to get to the top one and to land on the next high.
For the moment it is in a phase of correction keeping in your bag no signal for an aggressive rise.
Please LIKE & FOLLOW, thank you!
For the moment it is in a phase of correction keeping in your bag no signal for an aggressive rise.
Please LIKE & FOLLOW, thank you!