LTC Long
Updated
LTC has recently broken a significant weekly level,
formed a HH and is now retracing.
Weekly level lines up beautifully with 4H demand zone. 50 fib or 38 depending on where you start the recent push.
Feel a bit funny about it, not sure if it's how far from the trend it is,
due for a retracement, morning star on the dailys, mucking around
with fibs to see what I want to see possibly.
Just gonna take it for 0.5R, R:R is fat. Can afford to be wrong a few times on these.
formed a HH and is now retracing.
Weekly level lines up beautifully with 4H demand zone. 50 fib or 38 depending on where you start the recent push.
Feel a bit funny about it, not sure if it's how far from the trend it is,
due for a retracement, morning star on the dailys, mucking around
with fibs to see what I want to see possibly.
Just gonna take it for 0.5R, R:R is fat. Can afford to be wrong a few times on these.
Order cancelled
New Idea, similar but slightly different entries based on new info.
Note
Click the photo to be taken to the write up on the new trade.
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