ALGO BULLS TO TAKE OVER

Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

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What's next on ALGO.


As we can see price is still sitting around our all-time low adding on around a strong round number, where we will be looking for new longs as well.

Meanwhile, for the bulls to take over from a medium-term perspective, we need a break above the marked major swing high, then a movement higher would be expected as a shift in momentum from bearish to bullish.

Until that price is still overall bearish and price can still trade lower and lower.


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and as usual follow your trading plan and manage your risk.

Be patient and good luck!