Hello guys!,
Ltc is still in its way to complete the impulse started over the weekend. I think Ltc is currently making the wave 4 before pushing higher to maybe retest the previous high @ around $65.
TRADE SET UPS:
Buy zone: $56 area
Profits: 1. $60/ 2. $62/ 3. $65. I would scale the profits as it could turn around at any of those levels.
Stop: dynamic stop to "Break even" as the trade goes in your favour.
This would be invalidated if LTC moves impulsively to the downside taking dowm the area of $51.
And remember! you pull the trigger! you are the responsoble one! this is not financial advice, these are just my views of the market moves and trading style!!
PLEASE! SHARE, LIKE AND COMMENT!
Ltc is still in its way to complete the impulse started over the weekend. I think Ltc is currently making the wave 4 before pushing higher to maybe retest the previous high @ around $65.
TRADE SET UPS:
Buy zone: $56 area
Profits: 1. $60/ 2. $62/ 3. $65. I would scale the profits as it could turn around at any of those levels.
Stop: dynamic stop to "Break even" as the trade goes in your favour.
This would be invalidated if LTC moves impulsively to the downside taking dowm the area of $51.
And remember! you pull the trigger! you are the responsoble one! this is not financial advice, these are just my views of the market moves and trading style!!
PLEASE! SHARE, LIKE AND COMMENT!