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 mentioned in the previous analysis, price is still around a strong support zone and we are still looking for new longs as we did before.
Meanwhile, price is still in a correction movement, trading inside this falling channel,
And for the bulls to kick in for a new bullish impulse, we need a break above the marked major swing high, then a movement higher would be expected.
Until that price is still overall 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.
What's next on LIT.
As we mentioned in the previous analysis, price is still around a strong support zone and we are still looking for new longs as we did before.
Meanwhile, price is still in a correction movement, trading inside this falling channel,
And for the bulls to kick in for a new bullish impulse, we need a break above the marked major swing high, then a movement higher would be expected.
Until that price is still overall 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!