SUSHI! WHO WANTS SUSHI !

٦ نوفمبر ٢٠٢٢

Hello Traders and everyone, I AM HADI KARAALI, KNOWN AS SNIPERS_FX

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SUSHI, as we can see from daily time frame price is clearly overall bearish

However, price now is approaching massive and strong area where we will be searching for new longs
or- bullish reversal as shown in the picture

As we can see price is stuck inside this range
For a medium term bullish reversal we need a break above this major swing high and the upper bound of the range

From a short term perspective price broke above the major high and traded higher

For now what !?

For now we are trading inside this chanel from a short term for the bears to reclaim the control we need a new swing low to form or a break immediately below the major low
or- a break above the range as mentioned before

ENJOY THE SUSHI ANALYSIS !


and as usual follow your trading plan and manage your risk.

Be patient and good luck!