Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
EURUSD ALL POSSIBLE SCENARIOS. 📚
👉As we mentioned in our previous analysis attached on the chart, price is still overall bearish from a long-term perspective trading inside our orange channel.
👉Meanwhile, we mentioned the price can start a correction movement after breaking above our previous major high, Then we are now trading inside our blue rising broadening wedge pattern, Then, What are we looking for!?
As the price trade lower around our lower rising trendline, then we will be looking for new longs on lower time frame as a trend-following buy setups from a medium-term perspective.
Unless price managed to trade again higher, to be approaching our upper falling trendline, lining up with our upper bound of the wedge, Therefore, we will be looking for new shorts as a trend-following one from a long-term perspective. 📚
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
EURUSD ALL POSSIBLE SCENARIOS. 📚
👉As we mentioned in our previous analysis attached on the chart, price is still overall bearish from a long-term perspective trading inside our orange channel.
👉Meanwhile, we mentioned the price can start a correction movement after breaking above our previous major high, Then we are now trading inside our blue rising broadening wedge pattern, Then, What are we looking for!?
As the price trade lower around our lower rising trendline, then we will be looking for new longs on lower time frame as a trend-following buy setups from a medium-term perspective.
Unless price managed to trade again higher, to be approaching our upper falling trendline, lining up with our upper bound of the wedge, Therefore, we will be looking for new shorts as a trend-following one from a long-term perspective. 📚
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!