Long time ago that I updated my LTCUSD chart, sorry for that.... I totally forgot maybe because I check this pair 4x a week in our webinars.
I'm looking at follwing pattern: a possible 5 legs up wave. We just finished leg 2 on fibo 50% and starting next leg up towards the blue box.
Pretty simple set up, most of times they work the best.
Less is more.
SL below blue trendline
LTCUSD
I'm looking at follwing pattern: a possible 5 legs up wave. We just finished leg 2 on fibo 50% and starting next leg up towards the blue box.
Pretty simple set up, most of times they work the best.
Less is more.
SL below blue trendline
LTCUSDNote
Set up failed, SL got hit after dropping out of the channel.Looks like LTC is making an ABC correction, possible bounce area on chart
Note
LTC is back on its way up and I will make new chart with slightly changed patternNote
Another great winner in our group.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.