I thought the bottom was in before last night. This last low has made me a little uneasy. I hope this is how this shape plays out, as it has twice before within this run. Those Ideas will be linked below. We are coming up on a fresh daily weekly and monthly candle.
Ltc is forming a right triangle in what I believe is happening in a reversal setting.
There is similar structure here and in previous tops weve had this run.
The .786 seems to line up with old resistance/ new support.
I will be looking for a move back toward the 180s. From there we will have to see.
This is not advice. This is for my record and reference as a hobby trader.
I am a novice with limited knowledge and experience. Know this.
Dont be shy to critique!
Ltc is forming a right triangle in what I believe is happening in a reversal setting.
There is similar structure here and in previous tops weve had this run.
The .786 seems to line up with old resistance/ new support.
I will be looking for a move back toward the 180s. From there we will have to see.
This is not advice. This is for my record and reference as a hobby trader.
I am a novice with limited knowledge and experience. Know this.
Dont be shy to critique!
