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 stock market.
As we can see price is still overall bullish from a long-term perspective trading inside this channel,
Moreover, from a medium-term perspective, price is now in a correction movement trading inside a falling channel,
Meanwhile, price is sitting around a massive support zone lining up with the lower bound of the falling channel adding on our rising trendline from a long-term perspective,
Where we will be looking for new longs as well.
However, 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.
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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