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.
What's next on LIT, MEDIUM- & LONG-TERM PERSPECTIVE.
As we can see price is still stuck inside this rangy market.
However, price is still sitting around our lower bound of this range, lining up with our massive support zone, where we will be looking for new longs as well.
However, for the bulls to take over from a medium-term perspective we need a break above the marked major swing high and round number 1, then a movement higher would be expected.
Moreover, for the bulls to take over from a long-term perspective, we need a break above the upper bound of this range, then we will be expecting a clean shift in momentum from rangy market for a new bullish market.
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.
What's next on LIT, MEDIUM- & LONG-TERM PERSPECTIVE.
As we can see price is still stuck inside this rangy market.
However, price is still sitting around our lower bound of this range, lining up with our massive support zone, where we will be looking for new longs as well.
However, for the bulls to take over from a medium-term perspective we need a break above the marked major swing high and round number 1, then a movement higher would be expected.
Moreover, for the bulls to take over from a long-term perspective, we need a break above the upper bound of this range, then we will be expecting a clean shift in momentum from rangy market for a new bullish market.
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!