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someone514
Sep 2, 2018 5:32 PM

LTCUSD - Close above channel resistance will permit long Long

Litecoin / DollarBitfinex

Description

LTC hovering at channel resistance.
Breakout and close above will permit long entry, targeting 2.618 ext of the 0.786 retracement (wave 1-2).

Comment

SL will be close below channel resistance after it breaks, it should be adjusted accordingly should the trade be opened.

Comment

we broke above, wait for hourly close
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