ETH LAST CONFIRMATION!
Updated
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 AFTER SUCH MOVEMENTS!
As we clearly see price kept moving higher and higher,
In addition, price managed to break above our resistance zone so it's acting as support so far.
However, we are still around the falling trendline and a supply zone where we can see some reactions over there.
Meanwhile, price is clearly bullish from a short- and medium-term perspective, if the price manged to trade lower then, we will be searching for new longs.
Starting from the last major swing high broken upward and next the rising trendline lining up with our support zone
Until that happens let's see if the price can invalidate our falling trendline, then a clean shift in momentum will be confirmed from a long 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 AFTER SUCH MOVEMENTS!
As we clearly see price kept moving higher and higher,
In addition, price managed to break above our resistance zone so it's acting as support so far.
However, we are still around the falling trendline and a supply zone where we can see some reactions over there.
Meanwhile, price is clearly bullish from a short- and medium-term perspective, if the price manged to trade lower then, we will be searching for new longs.
Starting from the last major swing high broken upward and next the rising trendline lining up with our support zone
Until that happens let's see if the price can invalidate our falling trendline, then a clean shift in momentum will be confirmed from a long 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!
Note
See you there traders: t.me/Snipers_F_x
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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