BTC CORRECTION TO BE STARTED
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.
As we can see price is still overall bearish trading inside this falling broadening wedge making clean lower lows and lower highs
However, as we mentioned in the previous analysis, price is approaching a strong support zone lining up with the lower bound of this channel acting as an over-sold zone,
Where we will be looking for new bullish correction movement.
Meanwhile, for the bulls to kick and start this correction movement, 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 lower and 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.
As we can see price is still overall bearish trading inside this falling broadening wedge making clean lower lows and lower highs
However, as we mentioned in the previous analysis, price is approaching a strong support zone lining up with the lower bound of this channel acting as an over-sold zone,
Where we will be looking for new bullish correction movement.
Meanwhile, for the bulls to kick and start this correction movement, 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 lower and 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!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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