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 ETH.
As we can see price is still overall bearish trading inside this channel making clean lower lows and lower highs.
However, price rejected our support zone and traded higher,
As the price will be approaching our upper falling trendline, we will be looking for new bearish movement as a trend following sell setups.
Unless price managed to trade lower, then as the price will be approaching our lower support zone, we will be looking for new bullish movements as a correction movement.
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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