Why did I buy LTC instead of BTC?Bought LTC instead of BTC , Bitcoin goes up LTC down. Sold LTC waited for Bitcoin to come back down and it never did, and then ltc GOES UP just my luck! Practice Chart getting Rep points by publishing so I can join Chatroom (need 50)
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Practice
Ripple Thether Fibonnacci Circle PracticeI wanted to try out a new charting method for me as I see it more and more often, especially inspired by the style of Logical Deduction (linked). I would appreciate comments, suggestions and corrections about this from the community. Please share your thoughts on this.
USDCAD LONGRetracement occurred in the middle of prices 61.8 and 78.6
There is structure to the Left
Cross over on moving averages
Candle stick reversal patterns:
15min - inverted hammer and spinning tops
30 min - morning star pattern
Original TP is near 1.34326 price/ 100 % level
Due to my personal Risk to Reward Ratio:
Stop Loss is set at price 1.33721, 50% of my first TP level
-First TP will be at price 1.34206
-Second TP will be at the 100% level
This trade seems very reliable, despite it not retracing from one of the major levels of focus.