1 INCH LONG- AND SHORT-TERM PERSPECTIVE

6 มี.ค. 2023

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!