LTCUSD Long @ $179.32. Target $217 by March 17
I see Ascending triangle, and possible start of new Motive Elliott Wave.
Resistance at $195 zone.
Seems to trace OK with the Fibonacci.
I could be totally wrong!! What do you think?
Resistance at $195 zone.
Seems to trace OK with the Fibonacci.
I could be totally wrong!! What do you think?
Commento:
Looks like the price did not fall below $172. I might have been a bit scared when it fell down to $175.
I think I will know with more certainty if this trade will work out by sometime late afternoon tomorrow.
I think I will know with more certainty if this trade will work out by sometime late afternoon tomorrow.
Trade chiuso manualmente:
I think this trade is dead.
The price did not spike up to $192 and test the resistance level, now it is down to $175-176 in sideways price action.
New Idea was posted today.
Still unsure if price will move up or down.
The price did not spike up to $192 and test the resistance level, now it is down to $175-176 in sideways price action.
New Idea was posted today.
Still unsure if price will move up or down.
Commento:
very wrong
It is now at $175, which is outside of the support line of the triangle.
I am thinking to stop loss at $172