LPT CAN DROP VERY SOON
For some time now, LPT is very sharply bullish. Will a higher ceiling be available for LPT or is it the end of LPT? Let's check it together
After the bullish CH and BOS, the LPT turned down and formed a bearish CH.
Now the price is supported and we expect a pullback towards the order block. If it reaches the order block, we will look for sell/short trades.
There is a liquidity pool at the top and at the bottom, it is expected to return after collecting the upper liquidity pools and collect the lower liquidity pool. The green box is the target we expect to reach if the candles are rejected.
I specified the invalidation level. If a daily candle closes above this level, the analysis is violated.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save profit and exit from position
Comment if you have any questions
Thank You
After the bullish CH and BOS, the LPT turned down and formed a bearish CH.
Now the price is supported and we expect a pullback towards the order block. If it reaches the order block, we will look for sell/short trades.
There is a liquidity pool at the top and at the bottom, it is expected to return after collecting the upper liquidity pools and collect the lower liquidity pool. The green box is the target we expect to reach if the candles are rejected.
I specified the invalidation level. If a daily candle closes above this level, the analysis is violated.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save profit and exit from position
Comment if you have any questions
Thank You
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