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 LET'S GO AGAIN 📚
👉As we can see price is still overall bullish trading above our rising trendline, and as we mentioned in our previous analysis, expecting a rejection from our upper resistance zone, for our correction to start.
👉Moreover, price is approaching our first rejection zone, where we will be looking for new longs, unless price managed to break below our support from Daily time frame, then a movement lower would be expected.
👉Until that and for the bulls to kick in we need a break above the marked major swing high on H1 time frame, then a movement higher 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.
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