LINK ZOOMED OUT PICTURE
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.
Zoomed out picture on LINK,
As we can see price is still stuck inside a big range, As our lower bound is acting as a strong support zone, where we will be looking for new longs as well.
Meanwhile, for the bulls to kick in we need a break above the marked major swing high then a movement higher would be expected from a medium-term perspective.
Moreover, for the bulls to kick in from a long-term perspective, we need a break above the upper bound of this range, which is acting as a resistance zone, then a shift in momentum from a rangy market to a bullish market would be expected.
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.
Zoomed out picture on LINK,
As we can see price is still stuck inside a big range, As our lower bound is acting as a strong support zone, where we will be looking for new longs as well.
Meanwhile, for the bulls to kick in we need a break above the marked major swing high then a movement higher would be expected from a medium-term perspective.
Moreover, for the bulls to kick in from a long-term perspective, we need a break above the upper bound of this range, which is acting as a resistance zone, then a shift in momentum from a rangy market to a bullish market would be expected.
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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