Good morning all
A quick analysis of the LTC/USD pair utilising FIB retracement and extensions..
Previous corrective moves retraced to .618 or thereabouts, previous impulse moves extended the exact length of the previous impulse move..
IF history repeats itself, the play is simple.
Lower green box = accumulation target
Higher green box = sell target
Thanks,
Fray
A quick analysis of the LTC/USD pair utilising FIB retracement and extensions..
Previous corrective moves retraced to .618 or thereabouts, previous impulse moves extended the exact length of the previous impulse move..
IF history repeats itself, the play is simple.
Lower green box = accumulation target
Higher green box = sell target
Thanks,
Fray
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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.