RVN AROUND A MASSIVE SUPPORT !
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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.
RVN WHAT'S NEXT?!
As we can see price is approaching a strong support zone
However, we are bearish from a medium-term perspective trading inside this channel
For the bulls to kick in from a short term we need a break above the first neckline
Then from a medium term we need a break above the next neckline which cover overall structure
Until that happens, we are still bearish, and we can still trade lower and lower
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!
If you like the idea, do not forget to support with a like and follow.
RVN WHAT'S NEXT?!
As we can see price is approaching a strong support zone
However, we are bearish from a medium-term perspective trading inside this channel
For the bulls to kick in from a short term we need a break above the first neckline
Then from a medium term we need a break above the next neckline which cover overall structure
Until that happens, we are still bearish, and we can still trade lower and lower
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!
Note
See you there traders: t.me/Snipers_F_x
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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