cyclewave

LTCUSD - Elliottwave count - Triangle in progress

BITFINEX:LTCUSD   Litecoin / U.S. Dollar
LTCUSD - It is within B wave triangle of Y wave in WXY correction from major swing top as shown in the chart. So wait for one more bounce to finish to e wave of triangle, thereafter dump it down for C of Y wave. The invalidation level of the triangle is 51. 40 , which should the stop loss for the pattern.

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