OTC:LVMHF   LVMH-Moet Hennessy Louis Vuitton
I will be looking for longs once the opportunity presents itself. I believe this stock is making a correction at the moment.

211.85 (already reached more or less), next zone is 195.80, and final area is 185.00. I have marked 3 levels to watch for where I expect the reversal to happen.

Weekly - Potential bullish divergence

D1 - Another bullish divergence -

Be patient and wait for your confirmation! Keep in mind it could easily push lower,

Combination of trend line breakout (most recent down trend line ) with most recent high on the H4 chart, this is what we are looking for.

Of course if price pushes lower and new Highs/ Trend Lines are created, adjust your analysis to the most recent one.
Once we see this kind of a breakout, wait for a small correction to improve the risk:reward ratio and go for longs.

Those of you who want to be more aggressive can try longs with H1 chart Forex Libra Code signals.


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