LTC Scalp Short Opportunity

LTCUSDT.P is extended from the 50 EMA (1h). A H&S has presented, variation of an M formation. I'll take profits at the 50 EMA.

See all the green vector candles and all the nPOC's we can recover. I think we can easily make 5% from this short. Use proper risk management. This is a scalping idea and if the pattern gets invalidated we are out.

Comment:

The 50 EMA (1h) is also the 200 EMA (15m).

Trade active:

I'll set my SL breakeven.

Trade closed manually:

SL BreakEven