LTCUSD - 1H ... just a thought!
Not a financial advisor!
Possible Head & Shoulders being formed on the 1H.
This is just a possibility and would not recommend playing it until
it is fully formed and the neckline is broken.
I see it as a possibility ... but I will not trade it as:
- got a low risk entry
- LTCUSD broke out recently (surely retests are possible)
- LTCBTC is about to break out its wedge formation
Target:
61.8 Fib would be around the 50 USD mark and would match Head & Shoulders target.
=> Hopefully I am totally wrong!!
Possible Head & Shoulders being formed on the 1H.
This is just a possibility and would not recommend playing it until
it is fully formed and the neckline is broken.
I see it as a possibility ... but I will not trade it as:
- got a low risk entry
- LTCUSD broke out recently (surely retests are possible)
- LTCBTC is about to break out its wedge formation
Target:
61.8 Fib would be around the 50 USD mark and would match Head & Shoulders target.
=> Hopefully I am totally wrong!!
Pesanan dibatalkan:
Pattern did not complete!
but not yet seen on the 4H/Daily.
Therefore take this information with caution!