as you see, there is a cypher pattern on the chart of LTCUCD. In addition to this, we have the support of MA200 which can be a good support for its price.additionally, there is a triangle pattern in 1H timeframe and continuous rise in bottom of MACD.
Trade active
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our stop loss in on 44 and the first target can be on 0.618 line of fibonacci drew on CD wave (between 58 and 60).
Trade closed: target reached
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as you see, sometimes your stop loss is touched and you should close your position but this is just a little trick of this market and we should open it again when the price goes up.
so now our target is touched and we should save the profit.