FLOKI ZOOMED OUT PICTURE

31 May 2023

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 FLOKI.

As we can see price still trading between these 2 major rejection zones! upper resistance zone and lower support zone.

Meanwhile, as the price will be approaching our upper resistance zone we will be looking for new bearish movements,

Same opposite as the price will be approaching our lower support zone, where we will be looking for new bullish movements,

However, for now and for the bulls to kick in we need a break above the marked major swing 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!