LVMH MC LongTraded within the light blue consolidation.
Reached the support that has proven its self on several occasions
Bull leg coming
MC trade ideas
LVMH forecast in next couple of daysYou love France? Me too! Here is the analysis of LVMH for the end of the day.
This analysis used Fibonacci and my indicator called "Min_equity_Thesis_indicator" in Public library of Trading View. I estimated the way of LVMH over the next day.
But in Short term my signal is short with a target price of 1.23.
If you have any comment, let me know.
LouVuitton Updates and Follow UpH1 - Price moved up already.
In order for the bullish momentum to continue, 223.60 is the next important level that we want to see broken up
in order for us to continue looking for buys 216.00 must hold
For those of you who cashed out already, any pullback is a possibility to go long again (but again 216 must hold).
LouVuitton Buy IdeaI will be looking for longs once the opportunity presents itself. I believe this stock is making a correction at the moment.
211.85 (already reached more or less), next zone is 195.80, and final area is 185.00. I have marked 3 levels to watch for where I expect the reversal to happen.
Weekly - Potential bullish divergence
D1 - Another bullish divergence -
Be patient and wait for your confirmation! Keep in mind it could easily push lower,
Combination of trend line breakout (most recent down trend line) with most recent high on the H4 chart, this is what we are looking for.
Of course if price pushes lower and new Highs/Trend Lines are created, adjust your analysis to the most recent one.
Once we see this kind of a breakout, wait for a small correction to improve the risk:reward ratio and go for longs.
Those of you who want to be more aggressive can try longs with H1 chart Forex Libra Code signals.
