Hello my friends, EAST WEST BANCORP has been in a bearish fake dynamic with strong buying volume for a long time and pent-up buyers' attempts. In the TIMEFRAME M1 we can see an abortive sellers attempt and it is going to go and break the VWAP. EAST WEST BANCORP goes on its last next low and comes back in a higher price. Great potential to reach the last high point (See TIMEFRAME H4) then. If the buyers are still in the game, reach the next high with a symbolic number of 39.50.
Please LIKE & FOLLOW, thank you!
Please LIKE & FOLLOW, thank you!