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.
KCS Medium term perspective.
As we can see price is still overall bearish making clean lower lows and lower highs from a short-term perspective.
However, price is still bullish from higher time frame, so we will be looking more trend continuation movements.
And for the bulls to kick in from a medium-term perspective we need a break above the marked major swing high.
Then a movement higher would be expected.
Until that happens price is still bearish and price can still trade more lower before reversal.
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.
KCS Medium term perspective.
As we can see price is still overall bearish making clean lower lows and lower highs from a short-term perspective.
However, price is still bullish from higher time frame, so we will be looking more trend continuation movements.
And for the bulls to kick in from a medium-term perspective we need a break above the marked major swing high.
Then a movement higher would be expected.
Until that happens price is still bearish and price can still trade more lower before reversal.
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!