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.
As we can see price is still stuck inside this big rangy market trading between our lower and upper boundaries
Meanwhile, for the bulls to prove control from a long-term perspective we need a break a break above the upper bound.
From a medium-term perspective, we need a break above 1 which is a major swing high then a movement higher would be expected.
From a shorter-term perspective on H1 time frame price is still overall bearish, And for the bulls to kick in we need a break above the marked swing high.
Until that price is still bearish, and price can still trade more lower to dive inside our support zone 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.
What's next on LIT.
As we can see price is still stuck inside this big rangy market trading between our lower and upper boundaries
Meanwhile, for the bulls to prove control from a long-term perspective we need a break a break above the upper bound.
From a medium-term perspective, we need a break above 1 which is a major swing high then a movement higher would be expected.
From a shorter-term perspective on H1 time frame price is still overall bearish, And for the bulls to kick in we need a break above the marked swing high.
Until that price is still bearish, and price can still trade more lower to dive inside our support zone 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!