Hey traders, AGCO CORP is in an important moment in its history and we can see this session a new historical high. It's on a fake bearish move with a big sell volume traded in the last U15s of the session and a bull headstone. Looking at the TIMEFRAME M1 we can see a panic with a sales volume emitted, it goes on its last precedent lower to make a reversal. And going to break the VWAP to go breakout the price it is plausible in this situation to breakout the comfort zone to move into another. Then making a new all-time high can come and test the symbolic price of 91.00.
Please LIKE & FOLLOW, thank you!
Please LIKE & FOLLOW, thank you!