Hey traders, MOHAWK INDUSTRIES is in a bullish push with a hammer candle shape and strong sell volume issued. The TIMEFRAME M1 shows a marubozu with a low voume traded it goes towards the base for testing. Then after the highest before she will test the top of the consolidation zone. Big possibility of breaking the price with the return of buying momentum then the zone to come into another and arrive on the top which comes with two excesses (on the TIMEFRAME H4).
Then four excesses (on TIMEFRAME H1) + re-test of the top of the bullish channel for pull back addition of a symbolic number of 152.00.
Please LIKE & FOLLOW, thank you!
Then four excesses (on TIMEFRAME H1) + re-test of the top of the bullish channel for pull back addition of a symbolic number of 152.00.
Please LIKE & FOLLOW, thank you!