mvso999

Possible Short trend emerging in LTCUSD

Short
BITFINEX:LTCUSD   Litecoin
Confluences supported by Indicators


1) Money Flow Index is in Bearish territory on 1hr, 15 and 5 mins Timeframes
2) SSL turning red
3) Flat movement most of the day
4) On 5/15 min Minute timeframeTrigger - Wait for Red dot on Cipher when Blue waves cross each other
5) Check that bars are in Red indicating bearish movement
6) Short with 3 ATR as moving Trailing SL

Target - Exit when a Green dot appears with a Blue wave Cross over on the Cipher
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