Hello and welcome to my Trade Idea of the currency pair LTC/USD.
Lets start with the Top Down Analysis.
Weekly: The weekly timeframe has strong bearish candles in the past.
Daily: On daily we see it's bearish too.
H4: The h4 timeframe is in a strong downtrend with nearly no pullbacks.
H1: Here we draw the trendline and expect new lows.
Have a nice day.
Lets start with the Top Down Analysis.
Weekly: The weekly timeframe has strong bearish candles in the past.
Daily: On daily we see it's bearish too.
H4: The h4 timeframe is in a strong downtrend with nearly no pullbacks.
H1: Here we draw the trendline and expect new lows.
Have a nice day.