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.
ETH LET'S GO AGAIN 📚
👉As we can see price is still overall bullish trading above our rising trendline, and as we mentioned in our previous analysis, expecting a rejection from our upper resistance zone, for our correction to start.
👉Moreover, price is approaching our first rejection zone, where we will be looking for new longs, unless price managed to break below our support from Daily time frame, then a movement lower would be expected.
👉Until that and for the bulls to kick in we need a break above the marked major swing high on H1 time frame, then a movement higher would be expected. 📚
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.
ETH LET'S GO AGAIN 📚
👉As we can see price is still overall bullish trading above our rising trendline, and as we mentioned in our previous analysis, expecting a rejection from our upper resistance zone, for our correction to start.
👉Moreover, price is approaching our first rejection zone, where we will be looking for new longs, unless price managed to break below our support from Daily time frame, then a movement lower would be expected.
👉Until that and for the bulls to kick in we need a break above the marked major swing high on H1 time frame, then a movement higher would be expected. 📚
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!