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 got stuck inside this range between the lower bound and the upper bound.
Meanwhile, price is still overall bullish from a medium-term perspective, so we will be looking for the next bullish movement.
And for the bulls to kick in we need break above the upper bound of the range then a movement higher would be expected.
Unless price managed to be approaching the lower bound of the range then we will be looking for new longs from a short term perspective.
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 got stuck inside this range between the lower bound and the upper bound.
Meanwhile, price is still overall bullish from a medium-term perspective, so we will be looking for the next bullish movement.
And for the bulls to kick in we need break above the upper bound of the range then a movement higher would be expected.
Unless price managed to be approaching the lower bound of the range then we will be looking for new longs from a short term perspective.
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!