LPT looks bearish
Updated
LPT seems to be forming a bearish triangle.
It seems to be at the end of wave D.
It is expected to go up a bit for wave E and then drop out of the red range.
The targets are clear on the chart.
If it reaches the red range, we will look for sell/short positions.
Closing 1 daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
It seems to be at the end of wave D.
It is expected to go up a bit for wave E and then drop out of the red range.
The targets are clear on the chart.
If it reaches the red range, we will look for sell/short positions.
Closing 1 daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Trade active
31% of the announced range has been pumped.We need confirmation and trigger for drop
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