#LPTUSD - If we Break First Support, There's a Good Short!
theCrypster -
Coming off the back of a massive Long trade (+73% - our Trade of the Day!) we've now got a Short signal from CTv2, right on an upper limit trend line.
If we successfully reject the break of this trend line and reversal starts, there is one layer of resistance within the downward movement; if we can break down through that we can see profits of around 25%.
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Coming off the back of a massive Long trade (+73% - our Trade of the Day!) we've now got a Short signal from CTv2, right on an upper limit trend line.
If we successfully reject the break of this trend line and reversal starts, there is one layer of resistance within the downward movement; if we can break down through that we can see profits of around 25%.
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
Note
We cracked through that first layer of support on the way down, almost touched our TP but not quite there yet!Note
BOOM!CTv2 proving itself once again with this killer Short on #LPT
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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.
Related publications
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.