Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
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INJ CLEAN STRUCTURE, THEN? 📚
👉 As we can see price got stuck inside this huge consolidation phase or rangy market from a medium-term perspective, Rejecting our upper bound same as the lower bound as well.
Then what? 📚
👉As we knew that price might again hold our price around our upper bound, we will be looking for new shorts or any bearish reversal setup on lower time frame, Unless OfCourse price managed to be breaking above our upper bound then a movement higher would be expected
Meanwhile, if the price managed to be rejecting our upper bound, and traded lower again, we will be looking for new longs around our lower bound of this rangy market. 📚
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!
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