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.
LUNC QUICK UPDATE
As we clearly see price got stuck inside this big range.
For now, for the bears to kick in we need a break below the first lower neckline which is a major swing low, then speculating a new bearish movement lower
Till the lower bound of the range lining up with our massive support where we will be looking again for new longs
Unless price managed to be breaking above our resistance and the upper bound of the range
Then a movement higher would be expected and shift in momentum from bearish to bullish
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!