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.
RNDR STILL OVERALL BULLISH!
As we can see price is still overall bullish trading inside this channel making clean new highs and higher lows.
Meanwhile, bears took over after breaking below the marked swing low, then bears are in control for now, speculating new bearish movements.
And as the price will be approaching our lower rising trendline, we will be looking for new bullish reversal pattern.
Unless price managed to trade higher, and as the price will be approaching our upper resistance zone,
Then we will be looking for new bearish reversal pattern.
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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