Litecoin Trade Setup - Ascending triangle (5.77 RR trade)
Updated
Trade Idea: LTC just broke out of a ascending triangle. Hoping that we get a wick down back into the triangle so I can get entry. Take profit zones marked
Reasons for trade: Breaking previous resistance, breaking out of ascending triangle
Trade confidence: 8/10 - low risk with a lot of potential upside
RR:
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Reasons for trade: Breaking previous resistance, breaking out of ascending triangle
Trade confidence: 8/10 - low risk with a lot of potential upside
RR:
Leave a like if this helps you :)
Note
I shouldn't of been greedy and wait for a wick into the triangle. Price bounced perfectly off the top and is already at the second take profit!
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