ARB WHAT'S NEXT! SHORT TERM PERSPECTIVEHello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
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QUICK UPDATE ON ARB,
As we can see previously price broke above our major swing high and traded higher.
However, price now is retesting our zone again, where we will be looking for new longs as a new bullish movement.
Meanwhile, price is trading inside this falling channel, and for the bulls to kick in we need a break above the marked swing high,
Then a further bullish movement would be expected.
Until that happens price is still overall bearish and price can still trade 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!
