Short
LTCZ19 Bearish Divergence on multiple Timeframes
LTCZ19 shows a bearish divergence on multiple timeframes and also harmonic patterns suggesting it is time for a short. Rejected from the .67 r-point level. Targeting 0.368 area to take partial profits, as it aligns with a fresh support. Similar setup to EOSZ19 .
Kill zone to short would be in the area between 1.618 and 2 (ideal entry which might not be reached anymore) of the fibs we we revisit this area. Personally I entered a small short current price here and spread more within the kill zone
Kill zone to short would be in the area between 1.618 and 2 (ideal entry which might not be reached anymore) of the fibs we we revisit this area. Personally I entered a small short current price here and spread more within the kill zone
Trade active
Of course I meant the 0.618 are, sorry I was drunk and confused it with some numbers from another chart. 0.006448 I am goint to take a first profit 6335 I will close.Trade runs as expected
Trade closed: stop reached
This one was a loser.
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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.