BINANCE:LTCBTC   Litecoin / Bitcoin
According to Musashi Hidden Wave Trading System, and Khaos Cloud, its good time to short LTCBTC .

First target 0.004698

LEGAL STUFF:

Risk Disclosure
Futures , forex, stock, crypto and derivative trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results

Hypothetical Performance Disclosure
Hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results
Trade active: Trade is progressing Nicely, Here i labeled the Entry and Target 1 and the Stop. The stop moved down some, and I labeled that as well. We are very close to the target 1 now.

Trade closed: target reached: Congrats! Both Target 1 and Target 2 have been reached.

The first and the second target has been reached. Typically after first target we take profits, and keep some of the position such that we can take advantage of price action if price can move to target 2 and target 3. We also typically move the stop to breakeven at that point. As you can see the Khaos Smart Fractals has moved the stop down as well.

I enclosed an updated chart below.
Comment:

Comments

Hi, we can put in a stop at 0.004826, which is derived from the Smart Fractal indicator, you can see it on the green dash on to the right, I put an illustration in the chart here.
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