LTCUSD - 15M - Ready for another drop?

25 giu 2018

We might be heading for another drop in LTCUSD very soon. After a complex 2nd wave correction, we might be finishing the 2nd of the 3rd wave of a higher degree downwards now. Playing this one very close to the chest with a stoploss slightly above E in the correction ($81.6). If we continue downwards, the range of $72-$70 is in play. If we go above the $81,6, that would invalidate the wavecount, and we might go for a longer correction in the 2nd wave of a higher degree.

Disclaimer: You know the drill, your trades are your responsibility. Happy trading!