LUNC SHORT AND MEDIUM 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.
LUNC QUICK UPDATE
As we can see price is still overall bearish from a long-term perspective.
However, price is sitting now around a support zone, where we will be looking for new longs!
Meanwhile, price is trading now inside this symmetrical triangle, and for the bulls to kick in from a short term we need a break above the marked swing high
And for the bulls to remain in control after! we need a break above the upper neckline, where the bulls will be kicking in from a medium-term perspective.
Until that price is still overall bearish, and price can still trade lower 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!
If you like the idea, do not forget to support with a like and follow.
LUNC QUICK UPDATE
As we can see price is still overall bearish from a long-term perspective.
However, price is sitting now around a support zone, where we will be looking for new longs!
Meanwhile, price is trading now inside this symmetrical triangle, and for the bulls to kick in from a short term we need a break above the marked swing high
And for the bulls to remain in control after! we need a break above the upper neckline, where the bulls will be kicking in from a medium-term perspective.
Until that price is still overall bearish, and price can still trade lower 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!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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