WAVES SHORT AND MEDIUM TERM PERSPECTIVE!

3 мая 2023 г.

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.

QUICK UPDATE ON WAVES,

Price is still sitting around a massive support zone and still looking for new longs on lower time frame.

And as we can see from H4 time frame price got stuck inside this big range, and price no is trading around the lower bound of this range.

Meanwhile, for the bulls to kick in from a short-term perspective we need a break above the marked swing high, then a movement higher would be expected.

Then as the price will be trading higher we need a break above the upper bound of this range, to confirm that the bulls are now in control from a medium-term perspective.

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!