IMX LONG TERM BULLISH REVERSAL
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.
IMX LONG TERM PERSPECTIVE.
As we can see price was clearly bearish making clean lower lows and lower highs
However, price now got stuck inside this range and around a strong support zone.
And since price is no longer strong as before to make new lower lows, it's an early alert that the bulls are preparing, to have a shift in momentum
However, we need some confirmation for the bulls to kick in from a long-term perspective, we need a break above the marked major swing high marked on the chart
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.
IMX LONG TERM PERSPECTIVE.
As we can see price was clearly bearish making clean lower lows and lower highs
However, price now got stuck inside this range and around a strong support zone.
And since price is no longer strong as before to make new lower lows, it's an early alert that the bulls are preparing, to have a shift in momentum
However, we need some confirmation for the bulls to kick in from a long-term perspective, we need a break above the marked major swing high marked on the chart
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
כתב ויתור
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