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.