LTCUSDTPERP is extended from the 50 EMA (1h). A H&S has presented, variation of an M formation. I'll take profits at the 50 EMA.See all the green vector candles and all the nPOC's we can recover. I think we can easily make 5% from this short. Use proper risk management. This is a scalping idea and if the pattern gets invalidated we are out.
Note
The 50 EMA (1h) is also the 200 EMA (15m).Trade active
I'll set my SL breakeven.Trade closed manually
SL BreakEven
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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.