LIT BULLS TO START CORRECTION
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 can see from Daily time frame, price is still stuck inside this huge rangy market,
Meanwhile, price is still sitting around a strong support zone, lining up with the lower bound of this range.
Moreover, we will be looking for new longs as we are still here!
And for the bulls to kick in from a short-term perspective, we need a momentum candle close above the marked swing high,
Then a further movement higher would be expected. As a correction movement till the upper falling trendline.
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 can see from Daily time frame, price is still stuck inside this huge rangy market,
Meanwhile, price is still sitting around a strong support zone, lining up with the lower bound of this range.
Moreover, we will be looking for new longs as we are still here!
And for the bulls to kick in from a short-term perspective, we need a momentum candle close above the marked swing high,
Then a further movement higher would be expected. As a correction movement till the upper falling trendline.
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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