LUNC SHORT TERM PERSPECTIVE

١٨ مايو ٢٠٢٣

Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

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LUNC QUICK UPDATE


As we can see price is still overall bearish from a long-term perspective.

However, price is sitting now around a support zone, where we will be looking for new longs!

And as we can see price from a shorter-term perspective, price is still overall bearish.

And for the bulls to kick in and prove control again we need break above the marked swing high,

Then a movement higher would be expected till the upper falling trendline.


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!