LIT MEDIUM & LONG TERM

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.

LIT GOT STUCK!

As we can see price got stuck inside this rangy market where we will be looking for new longs around our lower bound of this range.

Meanwhile, for the bulls to kick in from a medium term we need a break above the first major swing high, then a movement higher would be expected till the upper bound of this range.

Moreover, for the bulls to take over, from a long-term perspective, we need a break above the upper bound of this range then a shift in momentum would be expected.


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!
Chart PatternsTrend AnalysisWave Analysis
Hadi_karaali
Telegram channel:

t.me/Snipers_F_x

כתב ויתור