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OGFXTRADER
Jul 12, 2020 3:49 PM

LTCUSD D1 LONG PRICE ACTION FORECAST -UPDATE- Long

Litecoin / DollarBitfinex

Description

Litecoin has been trading as expected in my previous analysis. The order will remain open, as price action continues to show and smooth but valid uptrend, trading with the rising triangle pattern.

Just cut at half the risk and moved my S/L to a tight level, below the consolidation candle's shadow.


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Comments
ThinkNauts
It will go up, but not before it stop hunts you, hits 1 cent below, then takes off.
OGFXTRADER
@ThinkNauts that’s why I’ve already got some profit before moving the S/L - 😎 Tuz for your comment brother appreciated 🙌🏼
ThinkNauts
@garciaohk, Lol. I'm just messin' but it happens all the time. Got so tired of it I just rarely use a stop and accept the fact that its all a risk. If I wasn't willing to lose it all I shouldn't be playing so may as well let it ride and hope for the best in the long run. I would be more mad to get stopped out and miss a bull run, than I would be to lose 40% on a big drop.
OGFXTRADER
@ThinkNauts hell no - risk management is paramount my man - you got some steel balls 😂😂😂
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