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 broke previously below our major swing low and traded lower as the bears took over.
So far, price is still over all bearish making clean lower lows and lower highs.
However, price is still overall all bullish from a medium-term perspective and for the bulls to kick in with a new bullish movement,
We need a break above the marked major swing high, then a further 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.
KCS Medium term perspective.
As we can see price broke previously below our major swing low and traded lower as the bears took over.
So far, price is still over all bearish making clean lower lows and lower highs.
However, price is still overall all bullish from a medium-term perspective and for the bulls to kick in with a new bullish movement,
We need a break above the marked major swing high, then a further 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!