LTCBTC -intraday long opportunity, on the daily timeframe market has formed a M formation after a M we expect market to complete the pattern at the neckline giving us our upside target, on lower timeframes market is still bearish so we need to wait for a slow in momentum and a change of market strucure on lower timeframes, if we will see this and market meets our entry rules only then we can look for a entry.
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.