LUNC QUICK UPDATE !

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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 LUNC

As we clearly see price is still around a strong resistance zone

However, price is now trading inside this symmetrical triangle, no for the bears to kick in we need a break below the marked major swing low.
From a short-term perspective

Then a further movement lower would be expected to test again our support zone

Unless price managed to break above our resistance and our major swing high then we would be bullish from a long term perspective


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!
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