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.
IDEA WHAT'S NEXT! From a long-term perspective.
As we clearly see price was overall bearish making clean lower lows and lower highs.
However, price recently got stuck inside a consolidation and around a support, where we will be looking for a clean shift in momentum.
Meanwhile for the bulls to kick in we need a break above the marked major swing high.
Then a shift in momentum would be confirmed, and further movement higher would be expected.
Until that price is still around a strong support zone.
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.
IDEA WHAT'S NEXT! From a long-term perspective.
As we clearly see price was overall bearish making clean lower lows and lower highs.
However, price recently got stuck inside a consolidation and around a support, where we will be looking for a clean shift in momentum.
Meanwhile for the bulls to kick in we need a break above the marked major swing high.
Then a shift in momentum would be confirmed, and further movement higher would be expected.
Until that price is still around a strong support zone.
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!