LTC Bull run followed by bear run [Market Geometry/EW]
Updated
• Was making a chart for a friend and saw this profit opportunity on Bitfinex:LTCUSD; Long position until 42; and Short position from 42 to 38.
• Long Position
• Buy: $40
• Sell: $42.4
• Stop/Loss: $38.5/$40
• Short Position
• Buy: $42.4
• Sell: $38
• Stop/Loss: $43.5/$42.5
• Long Position
• Buy: $40
• Sell: $42.4
• Stop/Loss: $38.5/$40
• Short Position
• Buy: $42.4
• Sell: $38
• Stop/Loss: $43.5/$42.5
Trade active
B line was a bit too long, but on track on the short position.Trade closed: target reached
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