Good evening Traders,
After I got stopped out at my previous trade in LTCUSD. Here is an update on the chart. Obviously, losing is a part of trading.
However, my view still remains the same. I am expecting more upside as long as it stays above 130.761.
The arrows drawn in the chart represents my view. It can go to the 50% Fibonacci retracement from the peak. Let's see.
Disclaimer: Trading is about going with the highest probability, nobody is 100% right and we need to protect ourself in case we are wrong. That is why we need to always use a stop-loss when trading. Trade with care. This my current view, and any view present is not a trading recommendation just personal view.
After I got stopped out at my previous trade in LTCUSD. Here is an update on the chart. Obviously, losing is a part of trading.
However, my view still remains the same. I am expecting more upside as long as it stays above 130.761.
The arrows drawn in the chart represents my view. It can go to the 50% Fibonacci retracement from the peak. Let's see.
Disclaimer: Trading is about going with the highest probability, nobody is 100% right and we need to protect ourself in case we are wrong. That is why we need to always use a stop-loss when trading. Trade with care. This my current view, and any view present is not a trading recommendation just personal view.
Comment:
No changes at this stage. Still expecting more upside as long as it stays above 130.76
Let's see.
