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, WHAT'S NEXT!?
As we clearly see price rejected our upper resistance and traded lower
However, price is still trading inside this rising channel, as the price will be approaching our lower rising trendline we will be looking for new longs.
As we are still overall bullish
Unless price managed to break below our channel then a movement lower would be expected to test again our support and demand zone shown in the picture
If the price managed to trade higher from here, then we will be looking for new shorts as we approach again our resistance zone.
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, WHAT'S NEXT!?
As we clearly see price rejected our upper resistance and traded lower
However, price is still trading inside this rising channel, as the price will be approaching our lower rising trendline we will be looking for new longs.
As we are still overall bullish
Unless price managed to break below our channel then a movement lower would be expected to test again our support and demand zone shown in the picture
If the price managed to trade higher from here, then we will be looking for new shorts as we approach again our resistance zone.
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!
Comment:
GLAD TO MEET YOU THERE: t.me/Snipers_F_x