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.
Clean market structure on KCS, Let's justify more!
As we can see price is still overall bullish from a medium-term perspective, Trading inside this rising broadening wedge pattern.
Moreover, price is now sitting around the lower rising trendline, where we will be looking for new longs.
And for the bulls to kick in again we need a break above the marked swing high, then a further movement higher would be expected.
Until that price is still overall bearish.
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.
Clean market structure on KCS, Let's justify more!
As we can see price is still overall bullish from a medium-term perspective, Trading inside this rising broadening wedge pattern.
Moreover, price is now sitting around the lower rising trendline, where we will be looking for new longs.
And for the bulls to kick in again we need a break above the marked swing high, then a further movement higher would be expected.
Until that price is still overall bearish.
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!