ETH ZOOMED OUT PICTURE

25 พ.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.

ZOOMED OUT PICTURE

As we can see price is still overall bullish from a long term perspective,

And price is still trading inside this rising broadening wedge pattern, However, price now is in a correction movement trading inside this falling channel.

And as the price will be approaching our lower massive support zone lining up with the rising trendline, Then we will be looking for Trend-following buy setups.

Meanwhile, for the bulls to kick in we need a break above the marked swing high, then a movement higher 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!