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.
KNC, BULLS TO TAKE OVER!
As we can see price is still overall bullish trading inside this channel,
However, price broke above our resistance zone and now we are retesting it again, where we will be looking for new longs as it's acting as a support.
Meanwhile, for the bulls to take over, we need a break above the marked major 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.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
KNC, BULLS TO TAKE OVER!
As we can see price is still overall bullish trading inside this channel,
However, price broke above our resistance zone and now we are retesting it again, where we will be looking for new longs as it's acting as a support.
Meanwhile, for the bulls to take over, we need a break above the marked major 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.
Be patient and good luck!