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.
1 INCH FROM 2 DIFFERENT PERSPECTIVES
As we can see price is around a strong support zone, where we are interested in looking for new longs.
From a long-term perspective and for the bulls to kick in we need a break above the marked major swing high, then a further movement higher would be expected.
From a short-term perspective and since we are around a support zone,
We need a break above the marked major swing high marked on the chart, until that happens price is still bearish, and price can still dive more inside our support 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!
If you like the idea, do not forget to support with a like and follow.
1 INCH FROM 2 DIFFERENT PERSPECTIVES
As we can see price is around a strong support zone, where we are interested in looking for new longs.
From a long-term perspective and for the bulls to kick in we need a break above the marked major swing high, then a further movement higher would be expected.
From a short-term perspective and since we are around a support zone,
We need a break above the marked major swing high marked on the chart, until that happens price is still bearish, and price can still dive more inside our support 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!
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.
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.