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.
COTI FROM A LONG-TERM PERSPECTIVE!
As we can see price got stuck inside this big range market
However, price now is around a strong support zone , where we will be looking for a long-term bullish movement.
For the bulls to kick in from a long-term perspective we need a break above the upper bound of the range which is a major swing high
then we will be speculating bullish reversal and a further movement higher would be expected till the upper resistance zone
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!