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.
ADA What's next.
As we mentioned previously, price broke above our major high and we were expecting new bullish movement, as we were around a massive support zone.
Meanwhile, and for now price approached a massive resistance zone, where we will be looking for new bearish reversal movements.
Moreover, price is still overall bullish and for the bears to kick in we need a break below the marked swing low, then a movement lower would be expected.
Until that price is still overall bullish and price can still trade higher and higher by breaking above our upper flat trendline.
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.
ADA What's next.
As we mentioned previously, price broke above our major high and we were expecting new bullish movement, as we were around a massive support zone.
Meanwhile, and for now price approached a massive resistance zone, where we will be looking for new bearish reversal movements.
Moreover, price is still overall bullish and for the bears to kick in we need a break below the marked swing low, then a movement lower would be expected.
Until that price is still overall bullish and price can still trade higher and higher by breaking above our upper flat trendline.
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!