Hey traders, TCF FINANCIAL CORPORATION is in a fake bearish movement with a strong sell volume executed and a hammer candle. The TIMEFRAME M1 shows a marubozu with a low volume traded purchase, it has forcefully broken the base of the bollinger to go to the VWAP. Then come on the bearish channel to test it with great propability to breakout the price, with the momentum returning to a stabilizing zone to arrive in a second. And join the next high for recovery of losses before session, if validation of the breakout in force. It is the carriers' turn to come back to negotiations.
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Please LIKE & FOLLOW, thank you!