Hello Traders, I am Hadi Karaali, Known as SNIPERS_FX
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Eyes on UBER, What's next!
As we can see price is clearly overall bullish trading inside this channel.
Meanwhile, price is sitting around our all-time high and a strong round number, lining up with our upper bound of this channel, which can be acting as an over-bought zone.
Moreover, as we are sitting here, we will be looking for new bearish correction movements.
And for the bears to kick in and prove control, we need a break below the marked major swing low, then a movement lower would be expected.
If that happened, then we will start looking again for new longs around our lower massive support zone and rising trendline to catch the next bullish movement.
And as usual follow your trading plan and manage your risk.
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