LUNC QUICK UPDATE!
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.
LUNC/USDT YOU MOVE WE DECIDE
As we clearly see price is trading inside this rising channel from a short term perspective we are bullish
However, we are around a resistance zone, for the bears to kick in and go for another bearish movement we need a break below the marked major swing low.
Then a further movement lower would be expected
Meanwhile, for the bulls to kick in from a long-term perspective we need a break above the marked major high and resistance zone
Then on the retest we will be looking for new longs as well.
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.
LUNC/USDT YOU MOVE WE DECIDE
As we clearly see price is trading inside this rising channel from a short term perspective we are bullish
However, we are around a resistance zone, for the bears to kick in and go for another bearish movement we need a break below the marked major swing low.
Then a further movement lower would be expected
Meanwhile, for the bulls to kick in from a long-term perspective we need a break above the marked major high and resistance zone
Then on the retest we will be looking for new longs as well.
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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.