LTC is going nicely so far and as planned earlier today. Taken some profits here and opened a new shorts at 86.60$ and 86.47$.
We are still aiming for the same TP's and the bearish plan remains until proven wrong.
Stops tighten around breakeven (87.87$). We should not see any PA at these levels if we continue to the downside.
Bearish plans remains the same.
TP 85.20$
TP 84$
SL 87.87$ (hard stops) --> reclaim and we will look for another trade idea.
Stay safe and never risk more than 1-5% of your capital per trade. The analysis is merely a price action based analysis and does not constitute financial advice in any form.
We are still aiming for the same TP's and the bearish plan remains until proven wrong.
Stops tighten around breakeven (87.87$). We should not see any PA at these levels if we continue to the downside.
Bearish plans remains the same.
TP 85.20$
TP 84$
SL 87.87$ (hard stops) --> reclaim and we will look for another trade idea.
Stay safe and never risk more than 1-5% of your capital per trade. The analysis is merely a price action based analysis and does not constitute financial advice in any form.