LTC Short Position
Updated
- Rising Wedge pattern w / falling volume broken down.
- 3 hour significant cross of ma's (change in trend)
- Fisher trend of several months broken
- good risk reward potential
Short LTC around 0.0144 or higher with a stoploss above 0.015 (or whatever fits your strategy)
Here is a supporting chart on 3 hr
- 3 hour significant cross of ma's (change in trend)
- Fisher trend of several months broken
- good risk reward potential
Short LTC around 0.0144 or higher with a stoploss above 0.015 (or whatever fits your strategy)
Here is a supporting chart on 3 hr
Note
Closed short at .01372, stopped out in other. Time to re-evaluate on why it pumped and why the trade did not play out correctly.
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