162Trading

The Litecoin Long Trade!

Long
162Trading Updated   
COINBASE:LTCUSD   Litecoin
We've been watching LTC for awhile now, and the price of LTC sky rocketed earlier this week. Now LTC seems to be creating a bullish flag, and we're planning to long on the break of the flag.
Aslong as the price maintains the current structure and doesn't completely plummet we'll be updating this post as time goes on, and include our entry take profit and stop loss.

** We're watching and preparing for a trade, not entering until we have confirmation **

Hope everyone had a fantastic week!
Trade active:
ENTRY 275
STOP 235
TP 550
Comment:
Comment:
Looks like its flagging on the smaller timeframes, if you haven't entered long yet wait for it to flag a bit longer then buy on break of the flag.
Comment:
!! TP1 Hit
Trade closed manually:
We're gonna be on the side, wathcing for re-entry! At least we hit TP 1!
Trade closed: target reached

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