Short Term Sell/Short Signal LTC

BITFINEX:LTCUSD   Litecoin / U.S. Dollar
The Short Term Trend on LTC is Neutral and after failing to continue higher passing 155 it has closed below 155 and the 50 EMA . We waited for a slight uptick, then with a failed color change took the next confirmation as a short signal at 149.10. Our target is between 135-139. The next level after that is support at 123. We will monitor this trade closely unless the 50 crosses the 200.
Trade closed: stop reached: The AM Wave indicator was right once again in a Neutral call. We trailed our position tightly and exited at 148.5 with a tiny profit.
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