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.
LRCUSDT, as we can see from daily time frame price is clearly overall bearish
Making clean lower low and lower highs
However, price is now forming a new swing high around the trendline we need for the swing to be completed
Then a break above the trendline and the resistance zone
Until that happens we are bearish and we can still trade lower and lower to the next massive support zone where we will be searching for new longs
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
LRCUSDT, as we can see from daily time frame price is clearly overall bearish
Making clean lower low and lower highs
However, price is now forming a new swing high around the trendline we need for the swing to be completed
Then a break above the trendline and the resistance zone
Until that happens we are bearish and we can still trade lower and lower to the next massive support zone where we will be searching for new longs
and as usual follow your trading plan and manage your risk.
Be patient and good luck!