LTCM20 LONG Setup Perfect Entry: FOR 1:6 RR
Updated
Hello everyone welcome to this update.
I'll keep it short.
LTC Just broke out of the falling wedge channel which is bullish in nature We are witnessing a perfect retracement on the resistance turned Support trendline.
We can take a safe trade here.
#LONG ENTRY:
0.005905 TO 0.005915
TARGET:
1. 0.006054
2. 0.006120
3. 0.006206
4. 0.006285
STOP LOSS: 0.005840
Risk: Reward ==> 1:6 (Highly profitable)
Period of trade: 2 to 7 days
Portfolio Allocation: 2 to 5%
A perfect trade IMO.
Please hit that like button if you agree with this setup.
All the best.
#Peace
I'll keep it short.
LTC Just broke out of the falling wedge channel which is bullish in nature We are witnessing a perfect retracement on the resistance turned Support trendline.
We can take a safe trade here.
#LONG ENTRY:
0.005905 TO 0.005915
TARGET:
1. 0.006054
2. 0.006120
3. 0.006206
4. 0.006285
STOP LOSS: 0.005840
Risk: Reward ==> 1:6 (Highly profitable)
Period of trade: 2 to 7 days
Portfolio Allocation: 2 to 5%
A perfect trade IMO.
Please hit that like button if you agree with this setup.
All the best.
#Peace
Trade closed: stop reached
Oh Crap SL reached. This was a good trade.
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