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.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.