Long
Bullish 5-wave impulse using pivots, Ichimoku, and Fibonacci
LTCH19 *may* have completed a 5-part A to E retracement to hit the macro 62% Fibonacci retracement level. The next move is a potential play using pivots to guide a 5-wave bullish impulse. Notice how S/R levels align between pivots, Ichimoku, and Fibonacci. Top-level target would be weekly R3 in red.
Note
Here is the macro 62% retrace I mentioned that should act as support.
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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.