As a note, i do not short. Previous Long on LTC was successful and ended up getting stopped out at 342. LTC performed a perfect Elliot Wave. Now in ABC correction Phase. Caution is advised, and very wary of opening longs.
wave 2 = .5 of wave 1
Wave 3 = 3.618 of wave 1
Wave 4 = .5 of wave 3
wave 5 = 1.618 of wave 1
wave 2 = .5 of wave 1
Wave 3 = 3.618 of wave 1
Wave 4 = .5 of wave 3
wave 5 = 1.618 of wave 1
Trade closed: target reached
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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.