Hey traders, TORONTO-DOMINION BANK is in a fake bearish configuration with low executed buy volume and an inverted hammer. On the TIMEFRAME M1 we see a doji in the form of a tombstone she made an attempt to bounce on the VWAP. She goes in the direction of the last low point to make a strong potential turnaround to test the VWAP. Then the broken at the same time breakout the price and join the top of a consolidation zone to test it. For the breakout to arrive in a new one and get on the top of the top. Then as we are near the fibonacci retracement with the buying force we can go and test it. Not enough power to break it forcefully the TREND BASED FIBONACCI EXTENSION
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