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.
LIT LET'S DO IT AGAIN! 📚
👉As we can see price is still overall bullish from a long-term perspective, trading inside this rising broadening wedge.
👉Moreover, price approached a massive support zone, lining up with our rising trendline, where we will be interested in looking for new longs as a trend-following one.
👉Meanwhile, from a short-term perspective, price is still bearish trading inside this channel, and for the bulls to kick in we will be waiting for a new swing high to be formed around the falling trendline then a break.
Until that happens, price is still bearish and can still dive lower. 📚
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.
LIT LET'S DO IT AGAIN! 📚
👉As we can see price is still overall bullish from a long-term perspective, trading inside this rising broadening wedge.
👉Moreover, price approached a massive support zone, lining up with our rising trendline, where we will be interested in looking for new longs as a trend-following one.
👉Meanwhile, from a short-term perspective, price is still bearish trading inside this channel, and for the bulls to kick in we will be waiting for a new swing high to be formed around the falling trendline then a break.
Until that happens, price is still bearish and can still dive lower. 📚
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!