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.
Push to Remain!
As we can see price is still stuck inside this big range between our support and resistance zones
And price recently rejected our lower bound which is a strong demand zone, bulls are now in control from a short-term perspective as we mentioned in the previous analysis.
However, for the bulls to remain in control we need a break above the upper bound of the marked major swing high, which is around 28300, Then if we had a break above by a momentum candle close, then a movement higher would be expected.
Until that and if the price managed to trade lower again, then we will be looking for new longs as well.
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.