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.
ETH GOT STUCK AGAIN!
As we can see price is got stuck inside this rangy market, making equal highs and lows as well.
Meanwhile, price is sitting around our upper bound of this range, where we will be looking for new bearish movements on lower time frames like H1 or M30
If that happens, then a movement lower would be expected till the lower bound of this range, where we will be looking for new bullish movements as well.
Unless OfCourse, price managed to break above our upper bound, then a movement higher would be expected till 2500 strong resistance zone.
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.
ETH GOT STUCK AGAIN!
As we can see price is got stuck inside this rangy market, making equal highs and lows as well.
Meanwhile, price is sitting around our upper bound of this range, where we will be looking for new bearish movements on lower time frames like H1 or M30
If that happens, then a movement lower would be expected till the lower bound of this range, where we will be looking for new bullish movements as well.
Unless OfCourse, price managed to break above our upper bound, then a movement higher would be expected till 2500 strong resistance zone.
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!