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.
ZOOMED OUT PICTURE ON KCS.
As we can see price is still overall bearish trading inside the outer falling channel, However, Price is still around a massive support level lining up with our lower bound of the channel acting as an Over-Sold zone Where we will be looking for new longs as well.
Meanwhile, for the bulls to start any bullish correction movement we need a break above the marked major swing high and round number 5.
If we had this break, 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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