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 previously in our analysis, price broke above our major swing high and bulls took over finally.
So, what we are waiting for?!
Price is now overall bullish from a medium-term perspective trading inside this rising channel,
And as the price will be approaching our lower rising trendline, we will be looking for new bullish reversal pattern as a trend following one.
Until that happens price is still also bullish from a short-term perspective.
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 previously in our analysis, price broke above our major swing high and bulls took over finally.
So, what we are waiting for?!
Price is now overall bullish from a medium-term perspective trading inside this rising channel,
And as the price will be approaching our lower rising trendline, we will be looking for new bullish reversal pattern as a trend following one.
Until that happens price is still also bullish from a short-term perspective.
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!