LTC-USD- the next move is expected to be the C and heads lower
This is the Count picture after the last little long Trade for a 16 % winning trade from 239 - 278 , and we will seek short entry now to grab the expected C Wave
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second calling SL = entry
15 min Chart
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stopped out at 246,8x for a winning trade of 15,4 %the structure looks like an EDT and calls for a long on the 5 (abc-structure), which can overthrow to the downside but as well just make 70%...of 3-4
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as the upmove and the momentum to the upside remains weak this is one more chart for the consecutive downtrend in a C...I like this Count...
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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.