Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
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GMX WHAT'S NEXT!
As we can see price is still overall bullish from a long-term perspective, trading inside this channel,
Making clean higher highs and higher lows.
So for now, as the price will be approaching our rising trendline we will be looking for new longs as a trend continuation.
And for the correction to start we need a break below the marked swing low, then a movement lower 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!