IMX LONG TERM BULLISH REVERSAL

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

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IMX LONG TERM PERSPECTIVE.

As we can see price was clearly bearish making clean lower lows and lower highs

However, price now got stuck inside this range and around a strong support zone.

And since price is no longer strong as before to make new lower lows, it's an early alert that the bulls are preparing, to have a shift in momentum

However, we need some confirmation for the bulls to kick in from a long-term perspective, we need a break above the marked major swing high marked on the chart

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

Be patient and good luck!